IMF sees contraction of 0.6 pct this year before strong rebound in 2017

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IMF sees contraction of 0.6 pct this year before strong rebound in 2017

Economy 12/04/2016 - 16:11 Tags: GDP, IMF, Unemployment

The International Monetary Fund has provided its latest macro forecasts for Greece in the World Economic Outlook (WEO) published on Tuesday.

The fund expects Greece to return to growth in 2017 after contracting further this year. In particular, GDP is seen down 0.6 percent in 2016 and then strongly rebounding by 2.7 percent in 2017. Both estimates are broadly in line with those of the Europe...

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