OECD lowers 2022 growth forecast to 2.8 pct as challenges mount

EconomyMacroeconomy Tags: GDP, OECD
Photo via http://www.oecd.org/
Photo via http://www.oecd.org/

The OECD revised down its growth forecasts for Greece for 2022 amidst surging global inflation, heightened uncertainty, and tighter monetary policy conditions.

Greece is now seen growing by 2.8 pct this year and 2.5 pct in 2023, compared to 4.8 pct and 2.9 pct in the previous forecast last December. That said, the estimate for last year was a much more modest 6.7 pct, from the 8.3 pct that eventually materiali...

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