BoG sees 2.3 pct growth this year, urges reforms to restore per capita GDP to pre-crisis levels

EconomyMacroeconomy Tags: Banking, BoG, GDP, Reforms
Photo by MacroPolis
Photo by MacroPolis

The Bank of Greece published its latest monetary policy report, which re-affirms the growth outlook for this year, the challenges that lie ahead for the new Greek government as well as an array of policy recommendations. 

BoG says that the economy will grow by 2.3 pct this year, which is more moderate than the 6 pct noted last year, as the downturn in the eurozone is reflected and domestic private demand growth is seen normalizing.

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