Greece will have a 2.9% growth rate in 2015

Greece will have a 0.6% growth rate in 2014 and a 2.9% rate in 2015 as a report published by the European Commission estimates. According to the Commission’s report, which quotes country-specific recommendations for the European member states, Greece’s rate of imports is expected to drop, while exports are to increase by 29% in 2015. Unemployment rates that averaged at 27.3% in 2013 may drop to 26% in 2014. Furthermore, consumer prices may also drop, as sequent to the cost of labour and market reforms.

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