Alpha Bank’s analysts on Friday forecast that the recession in Greece for 2016 will range from -0.2 to -0.4 percent of GDP, whereas the second half of the year, as expected, will post growth of 0.2 to 0.5 percent.
Alpha Bank’s analysts on Friday forecast that the recession in Greece for 2016 will range from -0.2 to -0.4 percent of GDP, whereas the second half of the year, as expected, will post growth of 0.2 to 0.5 percent.
In its weekly economic bulletin, the Greek lender clarifies that a further improvement in businesses’ expectations will depend on the rapid completion of the second review of the Greek program (third bailout) and the announcement of short-term debt relief measures.