Greece Close to IG Target: Finance Minister Staikouras

The video discusses Greece's economic recovery, highlighting significant investment growth and structural reforms. It addresses fiscal policy challenges, including debt management and inflation concerns, while emphasizing the need for synchronized monetary and fiscal policies. The impact of euro weakness on tourism and economic growth is explored, alongside Greece's progress in exports and investments. The video also touches on external challenges affecting investor confidence and efforts to reverse brain drain by creating opportunities and incentives for young people.

What has Greece achieved in terms of investment growth according to the European Commission?

• Average investment growth among EU states

• No significant change in investment growth

• Highest investment growth among EU states

• Lowest investment growth among EU states

How has Greece managed its fiscal policy despite high spending in 2022?

• By increasing taxes significantly

• By achieving the largest fiscal consolidation among EU states

• By reducing public services

• By borrowing more from international markets

How has Greece's debt to GDP ratio changed from 2021 to 2023?

• Increased by 10 percentage points

• Remained the same

• Decreased by 50 percentage points

• Increased by 50 percentage points

What is one positive effect of the euro's weakness for Greece?

• Increased interest rates

• Boost in tourism

• Decreased tourism

• Increased inflation

What is the expected growth rate of Greece compared to the European average in 2023?

• Below the European average

• Half the European average

• Equal to the European average

• Twice the European average

What is a major challenge Greece faces in achieving an investment grade rating?

• High unemployment rates

• Lack of international investors

• Unfavorable external environment

• Low export levels

What strategy has Greece implemented to reduce unemployment and attract young people back?

• Providing free housing

• Offering tax incentives

• Reducing education costs

• Increasing public sector jobs