Indeed, from 2010 to 2016, the snowball effect is estimated at some 82% of GDP. But whatever the causes of its rise, it is crucial that it is placed on a sustainable path.
9 / 23  BIS central bankers' speeches  Prospects for the Greek economy  10 / 23  BIS central bankers' speeches  What are the prospects for the Greek economy? Strong positive growth rates are expected over the short and medium term as the output gap closes. Consumption is expected to continue to rebound, driven by employment growth.