OECD Sees 1% Growth and 4.2% Inflation in Greece
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OECD: Greek Inflation to Hit 4.2%, Growth Cut to 1.9%
The Paris-based organization points to the energy price shock from the Middle East conflict, warning that Greece’s heavy reliance on imported fossil fuels leaves its economy exposed just as Recovery Fund investment begins to wind down The post OECD: Greek Inflation to Hit 4.2%, Growth Cut to 1.9% appeared first on in.gr.
OECD sees 1% growth and 4.2% inflation in Greece
Greece’s economy is expected to maintain solid growth over the next two years, supported by EU recovery funding, tax cuts and steady employment gains, according to the latest Organization for Economic Co-operation and Development (OECD) Economic Outlook.
The OECD predicts that the Greek economy will maintain strong growth rates, despite the crisis in the Middle East, in its semi-annual report (Economic Outlook). More...
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