Moscovici optimistic over Greek economy

Moscovici said that 2016 recession will be lower than expected and Greece will gradually return to growth. In 2017 growth will reach 2.7 percent, and 3.1 percent in 2018, he said adding that this is the result of structural reforms mainly in the labour sector.

He also estimated that investments and demand will increase in 2017 and 2018 and added that the Greek programme is successful and the confidence in the Greek economy restored.

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