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Analysis
The Greece Economic Situation
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Greece's economy is catching up fast. According to figures published on Monday by the Hellenic Statistical Authority, its gross domestic product (GDP) in the first quarter of 2018 increased by 0.8 percent. This is compared to the fourth quarter of 2017, when growth reached 0.2 percent. The Greek economy has clearly gained momentum, with its progress being twice as high as the average for countries in the Eurozone. In contrast to the first quarter of 2017, GDP growth was 2.3 percent. 

That's good news for Greek Prime Minister Alexis Tsipras. The latest growth figures fit into...

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News
Global Economy to Grow in 2018
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In a move that has surprised many analysts, the World Bank has predicted that the global economy will grow 3.1 % in 2018 –  the highest prediction in the last seven years. This comes after 2017 produced a better-than-expected growth, which boosted global GDP by 3 %.

 

Drivers behind the expected growth

The World Bank noted that all the major regions in the world were experiencing positive economic growth. This, too, has happended for first time since the 2008 financial crisis. The US, Japan and EU are witnessing economic expansion, while emerging market economies...

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Analysis
Italy's Economy Recovers Despite Underlying Problems
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With forecasts of 1.5% GDP growth for the year, Italy's economy continues its gradual recovery after many years of struggle. The country saw a loss of around 9% of its GDP between 2008 to 2013 during the financial crisis. However, recent figures show a 0.4% reduction in unemployment as business confidence grows and Italy benefits from the general economic improvement across Europe. Yet for all the positive signs, structural issues still remain in the economy, which along with future political elections could have a negative impact.

 

Underlying Problems Remain

Italy's economy...

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