Die Welt: Greece is Recovering from the Crisis



Greece is recovering from the crisis and the economy finally grew again last year, according to an article in German newspaper Die Welt, published on Saturday.

The article notes the Greek economy is expected to perform better in 2018 and there is optimism on the Athens Stock Exchange, “and the momentum is still continuing.” The European Commission expects growth of 2.5 percent this year, the International Monetary Fund forecasts 2.6 percent, and some economists go even further.

The article continues, economists of DekaBank, for example, expect 3.2 percent. This would put the country at the top of the Eurozone.

The country’s huge debt pile still hangs over it as “the sword of Damocles”, but even this problem could be resolved in 2018, the paper adds.
(Source: AMNA)