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IOBE sees higher than 2 pct growth in 2018

IOBE sees higher than 2 pct growth in 2018

Greece’s growth rate will fall slightly below 1.5 pct of GDP in 2017, according to estimates announced by the Foundation for Economic and Industrial Research (IOBE) and presented by its managing director Professor Nikolaos Vettas on Tuesday.

IOBE sees a growth rate of at least 2 pct of GDP for Greece in 2018.

As the programme progresses, uncertainty is contained and the economy is returning to the levels seen in 2014, Vettas explained and added: “According to IOBE estimates, there will be no fiscal problem this year but targets set for next year are ambitious.”

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