Calamos Supports Greece
GreekReporter.comGreek NewsEconomyIMF Report, New Greek Program Requested

IMF Report, New Greek Program Requested

imf.16.12.708
The world economy is increasingly at risk of stalling, the International Monetary Fund warned Tuesday as it once again cut its forecast for global growth prospects.
More precisely, the IMF estimated for Greece that the GDP has collapsed by 0.2% in 2015, and foresees that recession of the GDP will raise to 0.6% in 2016 and by 2017 the Greek economy will develop with a 2.7% rate. The IMF insists that the 1.1% deflation of 2015, will stabilize in 2016 (0% inflation) and by 2017 it will raise by 0.6%.
According to the report that was published today by  head IMF economist, Boris Obstfeld, the 2015 data for Greece are preliminary, as the latest fiscal results are not available at the moment, given the negotiations with the Greek authorities and the European associates regarding the fiscal goals for a new dynamic program.
Read full report here.

See all the latest news from Greece and the world at Greekreporter.com. Contact our newsroom to report an update or send your story, photos and videos. Follow GR on Google News and subscribe here to our daily email!



Related Posts