Draft Budget Sees 0.6% GDP Growth in 2014

Draft Budget Sees 0.6% GDP Growth in 2014

Greece’s draft budget for next year sees an end to six years of recession, setting economic growth at 0.6%, Reuters reported.
According to the draft budget, the economic rebound will come on the back of a rise in investment and exports including tourism, the news agency wrote.
The government has forecast a primary budget surplus of 1.6% of national output next year after posting a surplus of 340 million euro this year. 
The 2014 draft budget targets a general government deficit of 2.4% of gross domestic product (GDP) next year, with unemployment dropping to 26%. Debt is expected to edge down to 174.5% of GDP next year.
 
Previous Next
Close
Test Caption
Test Description goes like this
Cookies Preferences
Choose Type of Cookies You Accept Using


These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.


These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.


These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.