IOBE scales back Greek GDP growth outlook to 1.8%
The Greek economy is set to grow by 1.8 percent this year, the Foundation for Economic & Industrial Research (IOBE) said on Wednesday, revising downward its previous forecast.
- Published in Economy
The Greek economy is set to grow by 1.8 percent this year, the Foundation for Economic & Industrial Research (IOBE) said on Wednesday, revising downward its previous forecast.
The Bank of Greece (BoG) on Monday revised, downwards, it forecast for Greek GDP growth in 2019, at under 2 percent annually. The forecast in the budget for 2019 is 2.5 percent.
New research from the Germany-based Institut der deutschen Wirtschaft Köln reveals that in Europe at least, capital cities form the beating heart of most economies. Greece and Slovakia are notable examples.