03 October, 2006
The Greek economy is projected to grow by 3.8 percent in 2007, while private consumption is forecast to rise by 3.8 percent and investments to increase by 7.4 percent over the same year, according to the draft budget tabled by Economy and Finance Minister George Alogoskoufis to Parliament.
Exports of goods and services are expected to rise by 6.5 pct and imports to rise by 7.0 percent. Real average wages are projected to rise by 3.0 pct and the unemployment rate to fall to 8.2 pct of the country's workforce. The budget plan envisages that handouts in a Public Investments Program will total 8.750 billion euros next year.
Source: Athens News Agency