OECD Sees 2.1 pct GDP Growth in Greece

OECD Sees 2.1 pct GDP Growth in Greece

Greece's economic recovery is expected to maintain its momentum, with the country's Gross Domestic Product (GDP) rising by 2.0 pct or slightly more in 2019 and 2020 after an 1.9 pct growth rate in 2018, the Organisation for Economic Cooperation and Development (OECD) said in its economic outlook report released on Tuesday.The Paris-based organisation expects the Greek economy to grow by 2.1 pct this year and by 2.0 pct in 2020.
The OECD noted that "deviations from the current medium-term fiscal strategy would undermine gains in fiscal credibility. Delays in reforms to improve business environment, competitiveness and banks' health could create downside risks to the projected recovery in investments. A fall in tourism related to a disorderly Brexit could lead to a sharper slowdown in exports.”

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.