Arab Today, arab today oecd greek economy will keep shrinking next year
Last Updated : GMT 04:46:44
Arab Today, arab today
Arab Today, arab today

OECD: Greek economy will keep shrinking next year

Arab Today, arab today

Arab Today, arab today OECD: Greek economy will keep shrinking next year

Paris - QNA

The Greek economy will keep shrinking next year and may need more financial help, the Organisation for Economic Co-operation and Development (OECD) said. The OECD's forecast of 0.4% contraction contrasts with the Greek government's prediction of 0.6% growth in 2014, according to the (BBC). The OECD also said the recession in Greece had been "much deeper than expected" and that debt would not fall below 160% of GDP before 2020. It would mark the seventh consecutive year of recession for Greece. Since 2010, Greece has received rescue loans from the International Monetary Fund and European countries. In return, it has pledged to cut its debt and implement economic reforms. However, the OECD's report suggests Greece may require more help. "The need for further assistance to achieve fiscal sustainability cannot be excluded," the report said.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today oecd greek economy will keep shrinking next year Arab Today, arab today oecd greek economy will keep shrinking next year

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today oecd greek economy will keep shrinking next year Arab Today, arab today oecd greek economy will keep shrinking next year

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday