The Hellenic Financial Council approved the macroeconomic projections of the revised stability program 2019-2022, which, as it notes, are compatible with the recent economic developments.

These forecasts are the basis on which both the National Reform Program and the Revised Stability Program are based on.

The government has already sent the first one to the European Commission, while the second one is due to be dispatched next week.

In particular, the baseline scenario for the course of the economy, predicts that the Greek economy will grow by 2.3% in 2019, 2.3% in 2020, 2.1% in 2021 and 2% in 2022.

The unemployment rate is projected to fall from 17.8% in 2019, to 16.5% in 2020, to 15.3% in 2021 and to 14.2% in 2022.

Also, in its report, the Hellenic Financial Council notes that the international markets seem to adopt the positive forecasts regarding the Greek economy, which is reflected in the significant decline in Greek bond yields.