OECD forecast for Greece: 2.3% in 2018, 2% in 2019

29 November 2017
223 Views

The Organisation of Economic Co-operation Development (OECD) foresees economic growth in Greece at 2.3 percent for 2018, up from 1.4 this year, while repeating the need for a further restructuring of the Greek debt.

The forecast for the growth rate in Greece in 2019 is 2 percent, the OECD notes in its Economic Outlook report.

According the organization, the recovery in still bailout-dependent Greece will be a rise in private consumption and investment, whereas exports are expected to continue to grow.

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