Alpha Bank Economic Research Division, (2017), “Macro Dynamics Remain Weak Reflecting Lingering Uncertainty”, Greece Economic & Financial Outlook No 91, April
Economic activity stalled in 2016 for a second consecutive year. Private consumption growth was a solid 1.4% in 2016 and contributed positively to GDP by one percentage point notwithstanding the tax-driven austerity. Investment remained unchanged, while net exports and public consumption subtracted by 0.5 pps each from GDP growth.
Relevant Posts
- Chrysoloras, Nikos, Wishart, Ian, Nikas, Sotiris, (2017), “Greece Edges Toward Another Crisis as Bailout Quarrel Persists”, Bloomberg, 20 March
- Monokroussos , Platon, (2017), “Greece: 2017 Economic Outlook”, Eurobank, 1 March