OECD, (2017), “Greece – Economic forecast summary “, November
GDP growth is projected to rise to 2.3% in 2018, and then moderate to 2% in 2019. Private consumption and investment will lead the recovery, responding to reduced policy uncertainty and gradually improving financial conditions. Exports should continue to increase, supported by rising external demand. Accelerating imports will subtract from growth in 2019. Excess capacity is diminishing but remains exceptionally large, limiting price and wage pressures.
Relevant Posts
- Τράπεζα της Ελλάδος, (2017),«Δελτίο Τύπου: Δείκτες τιμών οικιστικών ακινήτων – γ΄ τρίμηνο 2017», 16 November
- «ECB, Greece And The Ticking NPL Time-Bomb», Social Europe, 22 November