The Greek government foresees GDP growth in 2018 reaching 2.1 percent (up from 2 percent prescribed in the medium-term fiscal program) and 2.5 percent for 2019, as listed in the draft budget for the coming year.
By T. Tsiros
[email protected]
The Greek government foresees GDP growth in 2018 reaching 2.1 percent (up from 2 percent prescribed in the medium-term fiscal program) and 2.5 percent for 2019, as listed in the draft budget for the coming year.
At the same time, public investments are listed as increasing in 2019 by a meager 0.8 percent, although the finance ministry claims that the slack will be picked up by higher private consumption, set to increase by 1 percent (up from 0.5 percent in the medium term program), as well as robust increase in the exports - set at 7.5 percent, compared with 2018.