EU Commission Forecasts Budget Surplus, Lower Public Debt and Unemployment in Greece

EU Commission Forecasts Budget Surplus, Lower Public Debt and Unemployment in Greece

The euro area economy is set to grow at its fastest pace in a decade this year, with real GDP growth forecast to reach 2.2%, according to the European Commission's Autumn 2017 Economic Forecast. This is substantially higher than that expected in the spring forecast for 2017 (1.7%).
The EU economy as a whole is also forecast to beat expectations and attain robust growth rates of 2.3% this year (up from growth forecasts of 1.9% in the spring).
Greece’s economy is growing again, and the recovery is expected to strengthen as investment rebounds and consumption growth rises. The labour market is recovering fast and unemployment is expected to decline further, although average wages may increase only gradually. Public finances remain on track to meet the primary surplus targets agreed under the ESM programme.

Previous Next
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.