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Greek central bank sees 2.5 percent growth for 2017

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By Euronews
Greek central bank sees 2.5 percent growth for 2017

<p>The Greek economy is forecast to expand by 2.5 percent next year – way better than this year’s anticipated 0.1 percent.</p> <p>The strong growth outlook comes from Greece’s central bank, which at the same time criticised the government’s controversial plan to pay a Christmas bonus to the country’s poorest pensioners. </p> <p>That decision led to the eurozone’s financing arm suspending some short-term debt relief measures.</p> <p>The central bank is calling for “pragmatism and flexibility” so that a review of Greece’s progress on its bailout-mandated reforms can be concluded as soon as possible.</p> <p>“There is not much time left, in the light of upcoming national elections in a number of euro area countries,” the bank said in its interim monetary policy report.</p> <p>The central bank said the country had made headway in implementing its bailout reforms. “Under no circumstances should this progress be halted,” it said.</p> <blockquote class="twitter-tweet" data-lang="en"><p lang="en" dir="ltr">Bank of Greece sees potential for recovery, urges calm in negotiations <a href="https://t.co/BSx5tGxqpi">https://t.co/BSx5tGxqpi</a> <a href="https://twitter.com/hashtag/Greece?src=hash">#Greece</a> <a href="https://twitter.com/hashtag/economy?src=hash">#economy</a></p>— MacroPolis (@MacroPolis_gr) <a href="https://twitter.com/MacroPolis_gr/status/809765445993644032">December 16, 2016</a></blockquote> <script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script>