Eurobank Report: Greece Recovers 48.7% of Losses from 2009-2013
A Eurobank report reveals that Greece's economy has recovered 48.7% of its losses from 2009-2013, with GDP growth outpacing the Eurozone average in 2025.
The economic analysis department of Eurobank has presented a detailed report on Greece's developmental performance, highlighting that the country has regained a significant portion of its economic losses incurred during the financial crisis from 2009 to 2013. By 2025, Greece's growth rate remains notably higher than the Eurozone average, with investment, private consumption, and exports serving as primary growth drivers. The country's real GDP increased by 2.1% year-on-year, a trend that is expected to continue through 2023 and 2024, exceeding the growth rate of the Eurozone.
The report notes a robust recovery, showing a 12.2% increase in real GDP compared to pre-pandemic levels. This positive trend was particularly evident in the last quarter of 2025, where the quarterly growth rate climbed to 0.8%, and the annual growth rate was at 2.4%. In stark contrast, the Eurozone recorded a mere 0.2% quarterly growth and 1.2% annually, emphasizing Greece's strong economic rebound. The figures signify not only a recovery from past economic challenges but also a distinct advantage in the regional economic landscape.
Overall, Greece's economic performance as of 2025 reflects a significant upturn in key metrics, with a notable 48.7% recovery of losses from the previous financial crises. This report underscores the resilience of Greece's economy, corroborated by the upward trajectory in various sectors, ultimately positioning the country for sustained growth amidst broader Eurozone challenges.