Wednesday, October 8, 2014

Greece can expect a gradual economic recovery in 2015, with a return to growth and declining unemployment, according to World Economic Outlook report released by the International Monetary Fund (IMF) on October 7, titled "Legacies, Clouds, Uncertainties."

The report confirms a 2.9% GDP growth forecast for Greece in the coming year, up from 0.6% in 2014, with inflation rate running at 0.3%, up from negative rates of -0.8 pct in 2014. The IMF forecasts a small decline in unemployment rates in Greece, from 25.8% in 2014 to 23.8% in 2015.

More information: IMF World Economic Outlook (October 2014); See also Greek News Agenda: Greece Returns to Capital Markets