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Greece’s recovery on track, boosted by business activity and tourism

Nikos S. Magginas, Effrosyni Alevizopoulou, Aikaterini Gouveli, Eleni Balikou, (2017), “Greece’s recovery on track, boosted by business activity and tourism”, NBG Economic Analysis Department Greece Macro Analysis Team, December 2017

According to NBG analysis, Q3:2017 trends can be explained by strong business activity and an inventory replenishment by Greek businesses in view of the higher-than-initially-expected demand in the first semester and strong orders for H2:2017.

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