Weak domestic demand is holding back Greek recovery

Stagnating consumer demand has led to a large downward revision in the GDP forecast for 2018-19

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In this article

  • Households are not spending
  • Running down savings
  • Low wages
  • No fiscal stimulus

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This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.