IMF World Economic Outlook report predicts growth for Greece in 2015
The IMF released its latest World Economic Outlook report on Tuesday, according to which Greece can expect to see growth…
The IMF released its latest World Economic Outlook report on Tuesday, according to which Greece can expect to see growth and a reduction of unemployment in 2015.
The International Monetary Fund’s October report predicts a 2.9% GDP rate of growth for 2015 (up from a 0.6% GDP prediction for 2014), while the rate of inflation is set to increase to 03%, from the -0.8% prediction for 2014. The rate of unemployment is also expected to decrease next year to a 23.8% from the 25.8% rate which the IMF has predicted for this year.
While the report is optimistic about the development of the Greek economy in 2015, the same cannot be said about the Eurozone, the recovery of which has been dubbed “weak and uneven”, as core EU economies, such as Germany and France, face increasing problems.