Fitch: Greece to see fastest annual GDP growth in 40 years

The easing of restrictions on domestic activity and international travel will aid the economy

Fitch Solutions forecasts real GDP growth of 6.3% in 2021 for Greece (revised upwards of 6.0%), the fastest annual expansion of the economy in the last four decades, after shrinking by 8.2% in 2020.

The easing of restrictions on domestic activity and international travel will allow the consumption and export of tourism-related services to recover in the short term. Meanwhile, it expects improved external conditions to support profits in exports of goods.