Transcription of GREECE - OECD.org
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GREECE - OECD.org
3. DEVELOPMENTS IN INDIVIDUAL OECD AND SELECTED NON-MEMBER ECONOMIESOECD ECONOMIC OUTLOOK, VOLUME 2018 ISSUE 2 PRELIMINARY VERSION OECD 2018120 GREECEGDP growth is projected to edge up to in 2019, before moderating slightly in2020. The large contribution of exports to growth will decline, but the recovery ofhousehold consumption and investment will gain traction with rising implementation of the government s reform programme will support therecovery. Unemployment, while still high, will continue to budget is projected to reach the authorities medium-term primary surplustargets. Fiscal policy is becoming supportive with reductions in corporate income,dividend and property taxes and in social security contributions. The debt relief andpolicy measures recently agreed with European partners cap GREECE s gross publicfinancing needs, reintegrate GREECE into the European Semester framework andestablish regular policy monitoring.
3. DEVELOPMENTS IN INDIVIDUAL OECD AND SELECTED NON-MEMBER ECONOMIES OECD ECONOMIC OUTLOOK,VOLUME 2018 ISSUE1–PRELIMINARY VERSION © OECD …
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