Greece sees 2.4 percent growth in 2018 budget

Greece's economy will rebound with 2.4-percent growth in 2018, and narrowly meet primary surplus targets, according to the government's latest draft budget on Monday. The surplus not counting debt payments "is expected to reach 3.57 percent," according to the budget draft tabled to parliament. The target mandated by Greece's creditors is 3.5 percent, up from 1.75 percent this year.
Greece is expected to post 1.8-percent growth this year, according to the draft. The country's debt is expected to grow to 327.9 billion euros ($387 billion) from 318.7 billion euros this year, or 175.6 percent of output.