ECONOMY

Greece expects marginally lower growth in 2017, higher in 2018

Greece expects marginally lower growth in 2017, higher in 2018

Greece has marginally lowered its growth projections for 2017 but upped it a notch for next year, a senior government official said on the eve of submission of the 2018 final budget draft to parliament on Tuesday.

Authorities were expecting a 1.6 percent expansion in output this year, down from a previous forecast of 1.8 percent.

The economy was expected to expand by 2.5 percent in 2018, the official told Reuters. [Reuters]

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