×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Saturday
31
Jan 2026
weather symbol
Athens 11°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> Economy

Skertsos: Strong economic recovery — But no room for misleading narratives

The Minister of State cites data and stresses that the country's progress is a collective achievement

Newsroom July 16 04:54

In a Facebook post, Minister of State Akis Skertsos emphasized that “You can’t call fish meat”, criticizing those who distort the true state of the Greek economy with misleading interpretations and selective analyses.

At the same time, he underlined that “the facts speak for themselves.”

In his post, the Minister wrote:

“No matter how much some try to spin things, you can’t pass fiction off as fact.
The numbers show that progress is real.”

He continued:

  • Falling unemployment and public debt is progress.
  • Rising employment is progress.
  • Increases in investment, manufacturing, exports, deposits, wages, and per capita consumption are progress.
  • The reduction of poverty is progress.

Skertsos noted that these figures are not up for interpretation — they are official statistics from Eurostat and the Bank of Greece.

“Are we where we want to be? Not yet. But we’re clearly on the right path.”

He acknowledged ongoing challenges like imported inflation and housing costs, noting that many households still face daily pressures. However, he stated that the government is working to support incomes, especially for the most vulnerable, using the dividends of economic growth.

He added:

“Only the actual, verifiable data tell the full story of how far we’ve come since 2019.”

Skertsos highlighted that Greece’s progress in an unpredictable global economy — marked by wars, regional tensions, and political instability — is a shared national achievement. He attributed this success to sound policies and forward-looking ideas implemented over recent years.

Key Economic Indicators (2019 vs 2025)

Metric 2019 2025 % Change
GDP €185.2B €237.6B +28.3%
Gov’t Debt-to-GDP 183.2% 153.6% -29.6 points
Investment €20.3B €36.3B +78.8%
Investment-to-GDP 11% 15.3% –
Employment 3.96M 4.38M +428,700 jobs
Unemployment 17.4% 7.9% -9.5 points
Minimum Wage €650 €880 +35.4%
Average Earnings €19,609 €22,176 +13.1%
Consumption per Capita (EU index) 77% 81% +4 points
GDP per Capita (PPS) €20,800 €27,800 +33.7%
Household Deposits €110.4B €147B +33.1%
Business Deposits €21.4B €44.8B +113.7%
Absolute Poverty 15.8% 14% -1.8 points
Relative Poverty 29% 26.9% -2.1 points

 

>Related articles

Skertsos: In the field of road safety, we have proven that we can change if we want to

Skertsos: we are a government that has proven that it cares for its citizens

ING: A significant turnaround – Southern Europe’s recovery led by Greece

 

 

 

Ask me anything

Explore related questions

#economic recovery#Skertsos
> More Economy

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

USA: Gold and silver prices plummet after Kevin Wears is chosen to lead the Fed

January 30, 2026

The signatures were finalized for the first agreement to sell US LNG to Ukraine

January 30, 2026

Mitsotakis: In order to be a prosperous and democratic country, we must be safe – Citizens accept that defense spending is necessary

January 30, 2026

Severe bad weather arriving over the weekend: When storms will hit Attica – Warning for six regions

January 30, 2026

More than 3.5 million Epstein case documents made public: Andrew’s email about a “beautiful” 26-year-old Russian woman, 3,200 references to Trump

January 30, 2026

Communication between Gerapetritis and Rubio: Focus on the 6th round of the Strategic Dialogue in Athens

January 30, 2026

Syria: ‘Closed security zone’ declared in Al Hall camp, where relatives of Islamic State members live

January 30, 2026

Mitsotakis: Tax cuts mean wage increases – We said it, we did it!

January 30, 2026
All News

> Elections 2015

Official results of Elections 2015

99.53% of votes counted

September 21, 2015

Abstention reaches record level in Sept. 20 election

September 21, 2015

First intl media reactions to SYRIZA win

September 20, 2015

EU leaders congratulate Tsipras

September 20, 2015

Guardian: The winner of Sept.20 elections will not be the one running the country

September 19, 2015
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα