Greece predicts 2.5pc GDP growth for next year

Published: November 21, 2018 20:35:40 | Updated: November 25, 2018 13:30:50


Greece has projected its economy would grow by 2.5 per cent next year, as it submitted its first post-bailout budget to parliament promising to return a high surplus.

Presenting its 2019 budget, vetted and approved by the European Commission, Athens said on Wednesday that it would outperform on its primary surplus targets for the fifth year running, returning a surplus of 3.6 per cent of economic output, reports Reuters.

The government also saw the country’s debt at 167.8 per cent of GDP next year from 180.4 this year.

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