I expect the economy to continue broadly along its current path, which implies further labor market tightening and inflation edging closer to 2 percent. On this path, unemployment would decline modestly below current estimates of the natural rate and remain there for some time. I see that as a desirable outcome and do not see data suggesting that we are behind the curve.
We are all aware of the fact that re-gaining access to financial 8  markets after the end of the current programme is the only way forward. No one, neither the partners nor Greece, are in any mood for another memorandum. Sources: McGowan A. Andrews, M. D. and Millot V. 2017 “The walking dead: Zombie firms and productivity performance in OECD countries”.