Greece
Hoped-for Balkan tourism recovery is unlikely in 2022
Despite high hopes of a recovery, the war in Ukraine has changed South-eastern Europe’s expectations for tourism in 2022
BalkansRussian gas cut-off spurs Balkans to diversify
In the short term, the Balkans will continue to rely on Russian gas, but a strong push for diversification is under way.
BalkansRepeated vote may give Greek premier four more years
Inconclusive elections may be followed by second vote implementing electoral reform making strong government more likely
GreeceChina may expand agribusiness in South-east Europe
China’s investment into the agro-industrial complex of South-east European countries is expected to increase gradually.
BalkansEU energy market reform would carry important risks
Southern EU countries want Brussels to intervene in the energy market to control prices, but such a move would be risky
EUOptions for exporting Israeli gas are constrained
The proposed EastMed pipeline for exporting gas to the EU faces multiple challenges
IsraelGreek banks have shed bad debt but remain vulnerable
Banking sector prospects are good, with banks benefiting from EU fund inflows, but risks remain to profitability
GreeceGreek GDP growth in 2022 will rely on EU recovery aid
There will be changes in Greece’s growth dynamics, fiscal policies and market conditions in 2022
Greece
