EC sees lower growth in 2017 but no concerns for fiscal targets

EconomyMacroeconomy Tags: Debt, EC, GDP
Photo by TP via Flickr
Photo by TP via Flickr

The European Commission remains optimistic about the Greek economy’s prospects in its Autumn forecasts, which were released on Thursday.

Greece is seen growing by 1.6 percent this year, following a small downward revision from 1.7 percent in the previous forecast. Growth is expected to pick up to 2.5 percent next year and in 2019.

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