OECD sees GDP growth of 1.1 pct in 2017, stresses structural reforms and debt relief

EconomyMacroeconomy Tags: Debt, GDP, OECD, Reforms, Unemployment
Photo by Panayotis Tzamaros/Fosphotos
Photo by Panayotis Tzamaros/Fosphotos

In its latest Economic Outlook report published on Wednesday, the Organisation for Economic Co-operation and Development (OECD) notes that the Greek economy is starting to recover and its fiscal target has been surpassed, but that the structural reform process has been uneven. Growth is expected to return but uncertainties remain.

The OECD estimates that GDP will rebound by 1.1 percent in 2017, lower than its previous forecast of 1.3 percent released in late November. However, a stronger growth of 2.5 percent in projected for 2018, above its previous estimate of 1.9 percent.

You need a subscription to access our analysis. Please choose one of the packages available.

If you are already registered, please sign in.

Free Access

Read some of our analysis for no charge

By signing up to MacroPolis, readers will be able to read four of our articles without charge each month. They will not have access to our data or weekly e-newsletter.

Standard Access

Our analysis and data at your fingertips

Subscribers will be able to read the full range of our articles, access our statistics and charts, and receive our weekly e-newsletter for €450 per year.

€450.00

Full Access

A tailor-made service for professionals

Apart from having access to all our analysis and data, subscribers will be able to consult one-on-one with our analysts.