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Since Prime Minister Kyriakos Mitsotakis took office in 2019, Greece has regained market confidence and is increasing its competitiveness, reducing bureaucracy and transforming the macroeconomic framework to become an attractive FDI destination.
Greece's macroeconomic indicators continued to improve in 2019 with rising exports, tourism revenue, and domestic consumption. Looser fiscal policy and higher foreign capital inflows are expected to boost the growth rate to 2.8% in 2020.
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