Greece is expected to maintain solid economic momentum in 2026, with growth projected to exceed 2%, according to new analysis from Piraeus Bank. The outlook aligns with the European Commission’s Autumn 2025 Economic Forecast and Greece’s 2026 draft budget report, both of which highlight strengthening consumption and rising investment—boosted heavily by EU funding—as key drivers of continued expansion.

Steady Growth, Strong Fundamentals
Looking further ahead, the European Commission forecasts that GDP growth will moderate to 1.7% in 2027 as the Recovery and Resilience Facility (RRF) winds down. Even so, Greece’s fiscal trajectory remains favorable, supported by consistent primary surpluses and a debt load that continues to decline both in nominal terms and as a share of GDP.

Investor confidence appears to be rising as well. On Nov. 7, Scope Ratings affirmed Greece’s BBB credit rating and upgraded its outlook to positive. A week later, on Nov. 14, Fitch Ratings lifted the country’s long-term credit rating to BBB from BBB-, maintaining a stable outlook.

Further reinforcing Greece’s investment story, the EU disbursed 2.1 billion euros from the Recovery and Resilience Facility on Nov. 26, following the approval of Greece’s sixth payment request. With this tranche, Greece has now received 23.4 billion euros—roughly 65% of the total budget allocated for the national “Greece 2.0” plan.

A Brighter Global Backdrop
International developments are also offering some tailwinds. A recent U.S.–China agreement reached on Oct. 30 extended their trade truce by a year and significantly scaled back additional tariffs and administrative barriers. The deal marks a welcome shift toward cooperation between the world’s two largest economies, reducing global uncertainty.

In the United States, overall economic activity continues to grow steadily, with only a brief slowdown expected in the second half of 2025.

Eurozone growth reached 0.2% quarter-on-quarter and 1.4% year-on-year in Q3, supported by a resilient labor market and steady consumer spending, with inflation near the ECB’s 2% target.

China, meanwhile, is experiencing a notable cooling of its growth pace, though it still appears on track to meet its 2025 goal of “around 5%.”