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Greece economic outlook Q3 2014


Greece economic outlook Q3 2014

Report summary

Greece's economy contracted for a sixth year in a row in 2013. Besieged by economic problems we anticipate a prolonged recovery for Greece. That recovery is expected to begin this year with modest growth. However, it will be the middle of next decade before Greece makes a full economic recovery. Greece's long-term economic outlook is highly risked. With public debt standing at 175% of GDP,  sovereign debt sustainability is a key risk to the outlook. 

What's included?

This report includes 1 file(s)

  • Greece economic outlook Q3 2014 PDF - 256.96 KB 2 Pages, 1 Tables, 0 Figures

Description

This Economic Outlook presents our macroeconomic outlook to 2035 at the country level.

Specifically we assess the structure of the economy and present the GDP and industrial production outlook.

The long-term outlook is underpinned by a set of GDP models which take account of long-term structural drivers of GDP including demographics, investment and productivity growth.

Finally, we highlight the key risks facing our outlook, both upside and downside.

Wood Mackenzie's macroeconomic forecasts underpin all our commodity demand analysis, ensuring we continually deliver an integrated and consistent view.

  • Executive summary
  • Economic outlook

In this report there is 1 table or chart, including:

  • Executive summary
    • Economic indicators
  • Economic outlook
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