IMF forecasts growth for Greece in 2015

Greece can retrieve growth pace and reduce unemployment in 2015, suggests the latest World Economic Outlook report by the IMF, released on Tuesday, according to which Greece can expect a 2.9%GDP rate of growth in the coming year, against the 0.6% GDP prediction for 2014. The rate of inflation is estimated to increase to 03%, unlike the -0.8% prediction for 2014. The rate of unemployment is also expected to drop next year to 23.8% from the 25.8% rate the IMF had estimated for the current year.

However, though there is light in Greek economy’s near future, the same does not apply for the Eurozone, the recovery of which appears “weak and uneven” as fundamental EU economies such as Germany and France, face increasing problems.  
 

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