OECD sees more growth, falling unemployment in Greece

EconomyMacroeconomy Tags: ELSTAT, OECD, Unemployment

In its latest Economic Outlook report published on Tuesday, OECD upward revised its GDP forecasts for Greece and is now expecting growth of 0.8 percent for 2014 from recession of 0.3 percent in its previous estimates published on May 6.

For 2015, OECD expects GDP to accelerate to 2.3 percent (from 1.9 percent before) and further to 3.3 percent in 2016. The OECD’s new estimates for 2014 are marginally higher compared to the official projections of the troika institutions and the Greek g...

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