Blog Archives

-|- GR for GRowth -|- Greece’s GDP Growth Rate -|-

<|> GR for GRowth <|>

-| Greece’s GDP Growth Rate (Reference Year: 2010) |-

2008: -0.28%

2009: -4.35%

2010: -5.33%

2011: -9.15%

2012: -7.28%

2013: -3.30%

2014: +0.75%

2015: -0.25%

2016: -0.28%

______________________

Q1-2017: +0.4% (annual basis)

Q2-2017: +1.6% (updated estimation)

Q3-2017: +1.3% (according to the official announcement of the Hellenic Statistical Authority (EL.STAT.) as per December 04, 2017).

| On the path to a new Greek Economic Miracle from the 2nd semester of 2017 onwards |

Source: EL.STAT.

 

-|- New Perspectives for an Economic GRestart -|- Forthcoming Progress (Step by Step)

1. Completion of the negotiations for the 2nd evaluation of Greece’s €86bn bailout program.

2. Greece makes final agreement with creditors.

3. Greece paves way for remarkable debt relief.

4. Greece enters the ECB’s quantitative easing (QE) program (within 2017).

5. Greece to fully lift capital controls by the end of this year.

6. Greece’s 10-year government bond yield (spread) will reach a record low (lower than 5% or 4%) in the beginning of 2018.

7. [!] Greece enters into global capital/financial markets again [!]

(The unprecedented financial crisis will end in the middle of 2018).

_____________________________________________________________________________

Greece’s GDP growth rate (forecasts)

2017: over +1.5%

2018: over +2.5%

[!] The GRECOVERY has just begun and the rhetorical question still remains: Are you ready for a new Greek Economic Miracle from the second semester of 2017 onwards?

[!] An economic take-off of the highly promising Greek market is on its way [!]

|| Invest in the future by investing in Greece ||