piraeus bank group

IMF: Medium-Term Forecasts

According to IMF, Greece is expected to reach an around 0.4% growth in 2016 and in the medium term to accelerate to 2.7% and to 2.6% in 2017 and 2018 accordingly. In the long term, growth is expected to reach around 1% and the primary fiscal balance is projected to reach 1.5% of GDP.