Doubts resurface over economic rebound

The start to 2016 was filled with optimism for many. With two national elections having been held last year, a referendum on austerity over and done with, and a fresh bank recapitalisation scheme now complete, the leftist-led government could get on with the job of governing the country within the euro zone. However, just weeks into 2016 and doubts over the economy’s ability to rebound have grown. With the brake being put on two key foreign investments, a difficult pension reform ahead and continued uncertainty over the next review of the country’s bailout, sentiment has been shaken. This has prompted consumers to remain cautious and some economists to predict that Greece this year will once again be one of the world’s worst economic performers. Business File reports.

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