reflected on the growth of the Gross Domestic
Product (GDP), the positive developments on the
fiscal front, and the improvement of the banks’
results.
The growth momentum of the economy must be
maintained by focusing on the targets of the pro-
gramme and by stepping up the pace of the
agreed reforms and privatisations. Persistence
and consistency in the implementation of the pro-
T
he Greek economy’s outlook for the year
2017 is promising, according to the
Annual Report of the Bank of Greece
(BoG). More specifically, the Report forecasts that
the Greek economy will grow by 2.5% in 2017
and by 3% in each one of the years 2018 and
2019. More specifically, the progress in the imple-
mentation of the adjustment programme up to
now had a positive impact on confidence and is
Trade with Greece
54
Progress in the implementation of the adjustment
programme has a positive effect on liquidity and the
overall business climate.
By Dimitris Christoulias
Greek
market
set for growth
