Athens rejects IMF projections on Greek growth

Kathimerini English Edition | Nov 14, 2019 at 6:07 AM
  • The government has clearly expressed its disagreement with certain conclusions reached by the International Monetary Fund.
  • The report may acknowledge the new government’s promising start after the removal of obstacles to reforms and privatizations, but it also stresses the need for a greater effort to improve the country’s competitiveness and accelerate the growth rate.
  • The Fund projects a long-term annual growth rate of just 0.9 percent, on which it bases its assumption it will take a decade and a half for the real per capital gross domestic product to revert to pre-crisis levels.