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BoG Gov: 2.5, 3% GDP hike for 2017, 2018

Greece’s central banker delivered his most optimistic prediction about the course of the Greek economy since he assumed the post, referring to a 2.5 and 3-percent GDP growth rate for 2017 and 2018, respectively.

Bank of Greece Gov. Yannis Stournaras told members of a local chamber of commerce on Wednesday that the year will close with a primary budget surplus of 0.9 percent (of GDP). He also referred to a significant increase in revenues from indirect taxes, attributing the development to higher electronic transactions.