It is important to bear in mind that in this case the impact could be substantial, since Europe accounts for about 10 percent of Japan’s exports. Moreover, there is the risk that Japan’s exports might be indirectly affected through a decrease in exports to Europe from Asian economies.
It is also noted that, in the medium term, the prospects for high growth rates arise not only from the expected investments but, more importantly, from the increase in productivity that will be caused by the reforms envisaged in the National Recovery and Sustainability Plan “Greece 2.0” – market liberalization, privatizations and increased investment in education – as well as the digital and green transition.