This allowed us to lower policy rates sharply in 2020 to confront the shorter-term damage done to the economy. The repurchase (repo) rate averaged 6.7% between 2017 and early 2020, before dropping to 3.5% in March/April of that year. A deeper dive into jobs and growth targets  As in advanced economies, our expansion did little to immediately bring back jobs.
It is better to delete import-substitution from the Greek vocabulary. In reshaping our economy, we should focus on areas where we already enjoy a comparative advantage, and by this I have mainly services in mind. This does not mean that we should neglect agriculture and industry. I simply want to say that these two sectors have ceased to be pillars of growth.