Greece, champion in growth
Greece, champion in growth
1/9/2003 15:53
According to the outline of the International Monetary Fund's autumn report, which will be published next month, Greece will hold first position amongst developed nations, with a forecast of 4% in growth. According to an “Imerisia” publication, this is the first time the extremely strict IMF's forecasts are better than those of the Greek government, which mentioned a 3.8% growth rate. The most basic causes for the momentum of the Greek economy are: Development of private and public consumption, the strengthening of credit extension, mainly towards households, and high investment growth rates.

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