Forecast

Economic growth forecast for 2023 halved, upgrade this year

Ljubljana – The Institute of Macroeconomic Analysis and Development (IMAD) has upgraded its growth forecast for the Slovenian economy for this year by 0.8 percentage points to 5% despite the energy crisis. However, it corrected significantly downwards the outlook for 2023, halving it from 3% in spring forecast to 1.4%.

Greek economy expected to grow 2.4 pct in 2020, says Commission report

The European Commission is forecasting a bigger growth for the Greek economy in 2019, a modest growth for 2020, and stable in 2021, based on its report released Thursday.

Real GDP in Greece is forecast to reach 2.4 percent in 2020 (compared with a previous forecast for 2.3 pct) and 2.0 percent in 2021.

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