The conclusion of Greece's second bailout review will help the country outperform the EU Commission's revised forecast for 2.1 percent growth this year. <br/><br/>The country's government spokesman said today that after six months of talks and disagreements, Greece reached a deal with its international lenders last week on the reforms it needs to implement in the coming years, paving the way for the conclusion of a crucial bailout review and the disbursement of vital fresh loans.<br/><br/>But the delays have already hurt economic activity in the crisis-hit country. The European Commission today cut its growth forecast for Greece to 2.1 percent from 2.7 percent this year.<br/><br/>
News On AIR | May 11, 2017 7:41 PM
Bailout review conclusion will help outperform growth forecasts, says Greece