Economic history of Pakistan

The beginning of a new year, indeed a new decade, is a good time to look ahead at the prospects of the Greek economy. It is also roughly six months since the government of Kyriakos Mitsotakis took office and it is useful to look back and review how they have been doing.

The World Bank has forecasted that the Turkish economy will grow to 4.5 percent in 2018 in its June 2018 Global Economic Prospects report. 

In its January 2018 Global Economic Prospects report, the World Bank forecasts Serbia's GDP growth in 2018 to be three percent.

The June 2017 report had put the figure at 3.5 percent.

The World Bank now says that in 2019 and 2020, Serbia will have GDP growth rates of 3.5 and 4 percent.

The World Bank on Dec. 19 raised its forecast for China’s economic growth in 2017 to 6.8 percent from 6.7 percent it projected in October, as personal consumption and foreign trade supported growth.

The Commission wrote Slovenia's real GDP increased by 4.8% in the first half of the year, thereby surpassing the pre-crisis level.

Turkey's economy has continued its recovery in the first half of 2017 after growth bounced back in the last quarter of 2016 and was similarly robust in the first quarter, Moody's Investors Service has announced.        
"As a result, we have raised our 2017 growth forecast to 3.7 percent from 2.6 percent. We expect growth in 2018 to average 3.2 percent," Moody's said on Aug. 30.    

Romania's economic growth exceeded expectations in the second quarter of 2017, keeping its position as the fastest growing country in Central and Eastern Europe.

Romania's gross economy went up by 5.9 per cent in the second quarter of this year compared to the same period of 2016, according to the country's National Statistics Institute as well as the EU statistics body, Eurostat.

U.S.-based credit rating agency Standard & Poor's (S&P) on May 5 affirmed Turkey's foreign and local currency ratings as outlook remained 'negative'.

The agency affirming the country's foreign currency rating as 'BB/B' and local currency sovereign rating as 'BB+/B', stating that the country's flexible exchange rate regime will enable the economy to adjust to external shocks.

Economic growth in Greece will reach 2.2 percent in 2017 and increase to 2.7 percent in 2018, the International Monetary Fund said in its World Economic Outlook report, presented on Tuesday by the Fund’s chief economist Maurice Obstfeld.