Sunday, January 3, 2016

Most Greeks expect economy to get worse in 2016, Grexit risk to resurface (survey)

The majority of Greek citizens expected that the ailing Greek economy will get worse in 2016, an opinion poll released on Sunday showed, despite the political leadership's optimism in New Year messages that the debt-laden country will exit a six-year recession during the new year.

A 69.5 percent of respondents in the Kappa Research survey conducted for Vima (Tribune) newspaper said that "2015 was a year of hope and disappointment with politics."

The 55.1 percent of participants in the survey forecast that "the country's economic situation will worsen in 2016."

In regards to their personal financial standing, 57.7 percent of Greeks said that they were pessimistic and that it will also deteriorate.

Around 61.1 percent respondents expected that the Grexit risk will most likely resurface in 2016.

One out of two predicted that in 2016 the current Left-led two-partite coalition government that was formed after September's national elections will collapse.

Asked to choose the most significant event in Greece in 2015, 58.7 percent of participants said that it was the introduction of capital controls on June 29.

Some 71.5 percent of respondents said that the overall economic situation of Greece got worse in 2015.

 Source:Xinhua - globaltimes.cn
4-3/1/16
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