"Greece Business Forecast Report Q4 2013" is now available at Fast Market Research

We expect a return to positive economic growth in 2014 following six years of depression.

The prospect of further spending cuts and tax hikes will ensure that demonstrations and national strikes remain a key feature of the political landscape over the medium term.

The current account deficit has collapsed faster than we had expected, raising the prospect of a return to surplus over the medium term.

This is symbolic of Greece's transition towards a more balanced and sustainable economic growth model.

Major Forecast Changes

There are no major forecast changes this quarter.

Key Risk To Outlook

Upside Risks To Deficit Forecasts: The severity of the fiscal consolidation programme and the public backlash mean that the scope for slippage will remain pronounced.

Downside Risks To Economic Growth Forecasts: Should Greece decide to leave the eurozone, the recession would deepen in the short-to-medium term as the banking system would implode and the cost of energy and food imports would rocket.

Full Report Details at
- http://www.fastmr.com/prod/694756_greece_business_forecast_report_q4_2013.aspx?afid=302

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