Greece

Andreea–Emanuela Drăgoi

Conjunctura economiei mondiale / World Economic Studies, 2017, 144-149

Abstract: The Greek economy recorded a GDP growth of 0.0% in 2016 after sliding into a minor recession in 2015, with a decline in GDP growth by 0.2%. One of the main factors that has contributed to this quasi-stagnation is the delay in meeting the targets assumed by Greece in the third Macroeconomic Adjustment Program following the major economic imbalances facing the country since the outbreak of the global financial crisis in 2008. The Greece economy could resume growth in 2017, backed up by improved investor confidence amid a more balanced fiscal and budgetary environment, while observing the commitments agreed with both its external creditors and the so-called "Troika" (The European Union, The European Central Bank and the International Monetary Fund).

Keywords: Greece; general government balance; public debt; European Stability Mechanism fiscal policy (search for similar items in EconPapers)
Date: 2017
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:iem:conjun:y:2017:p:144-149

Access Statistics for this article

Conjunctura economiei mondiale / World Economic Studies is currently edited by Simona Moagar Poladian, PhD

More articles in Conjunctura economiei mondiale / World Economic Studies from Institute for World Economy, Romanian Academy Contact information at EDIRC.
Bibliographic data for series maintained by Ionela Baltatescu ( this e-mail address is bad, please contact ).