Exclusive: Greek budget to forecast economic rebound in 2017 - source

Exclusive: Greek budget to forecast economic rebound in 2017 - source
 

Greece has forecast 2.7 percent economic growth next year, its first rebound after seven years of crippling recession, as investment picks up and tourism surges, a government official familiar with the draft budget said on Thursday.
The recipient of three international bailouts, Greece's economy has shrunk by a quarter since a debt crisis exploded in 2010, forcing it to adopt harsh austerity, throwing millions out of work and driving the jobless rate to a record 28 percent.
The 2017 budget is due to be tabled in parliament on Monday.
The economic growth forecast compares with a 0.3 percent... read more

 
29 September 2016 in Business, Views: 33
Source: Reuters
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