World Economy

2.6% Growth Forecast for Greece

2.6% Growth Forecast for Greece2.6% Growth Forecast for Greece

The International Monetary Fund announced the Greek economy will grow by 2.6% in 2018, up from a 2.4% growth rate estimate envisaged in a draft budget plan tabled to parliament by the Greek government last week, Tornisnews reported. The IMF expects the Greek economy to grow 1.8% this year. In its annual report, the IMF noted, however, that the dynamism of the Greek economy will gradually weaken with the economy expected to grow by only 1% in 2022. The European Commission forecasts that Greece will grow by an annual rate of 1.5% in the period 2021-2014.


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