Greece sees light at the end of the long dark tunnel

|By:, SA News Editor

Greece's government has forecast that the economy will rebound to grow by 0.6% in 2014 vs a contraction of 4% in 2013, boosted by a recovery in investment, exports and tourism.

Athens also expects a small primary budget surplus this year and one of 1.6% of GDP next year. Greece even hopes it can return to bond markets in H2 2014.

If the growth prediction is correct, Greece would emerge from six years of deep recession, if not depression. We'll believe it when we see it.

ETF: GREK