The Organisation for Economic Co-operation and Development (OECD) foresees a GDP growth rate of 2.1 percent for 2020, up from 1.8 percent this year, while also saying the Greek state will achieve a creditor-mandated 3.5 percent primary budget surplus, as a percentage of GDP.
The Organisation for Economic Co-operation and Development (OECD) foresees a GDP growth rate of 2.1 percent for 2020, up from 1.8 percent this year, while also saying the Greek state will achieve a creditor-mandated 3.5 percent primary budget surplus, as a percentage of GDP.
The forecasts were included in the six-month report, which was released on Thursday.
The 36-nation inter-governmental economic organization also noted that an expansionary fiscal policy could further boost the recovering Greek economy.