FinMin Pierrakakis at OECD: Greece utilizes technology as a tool for a resilient and sustainable future

Greece's economy continues to do well in an especially difficult environment, Organisation for Economic Co-operation and Development (OECD) Secretary-General Mathias Cormann told Greek national broadcaster ERT in joint statements with Greek National Economy & Finance Minister Kyriakos Pierrakakis in Paris on Wednesday.

Speaking to ERT in Paris, where OECD is holding its June 3-4 ministerial meetings, Cormann was asked his opinion on how US tariffs on Europe will affect Greece. He said they will indirectly affect Greece, through the repercussion of American tariffs globally and especially in Europe. Although Greece is in a much stronger position than in the past, if its trade partners are affected, so will Greece, he noted.

Responding to questions, Pierrakakis reiterated what the OECD secretary-general said, that Greece is foreseen to have a strong growth of over 2% in 2025 and 2026. Pierrakakis said that was mostly due to the increase in household disposable income and the explosive rise of investments.

Commenting on OECD's annual Economic Outlook report released on Tuesday, which lowered global economic growth in 2025, the Greek FinMin said that the report also noted a deescalation of inflation, the achievement of primary surpluses (which Greece expects to continue in order to further reduce public debt) and gave an overall picture that reflects a resilient economy with strong prospects. Greece, he said, is aiming at leading Southeastern Europe in green and digital transitions, which was the main message he said he had delivered at the OECD ministerial confrence.

OECD intervention

During his intervention at the OECD meetings, Pierrakakis called on OECD to expand its role and accelerate economic and digital reforms, as the rate of changes demand quick adjustment, and said

"Greece is an example of a country that utilizes technology, not just as a means of modernization, but as a tool to formulate a resilient and sustainable future. He added that "the digitization of the economy accelerates economic growth and notably improves the Greek economy's growth prospects and competitiveness," Pierrakakis added.
 

 
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