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Can Greece invest its way out of the crisis?

Greece could surely use some economic growth – badly. But how? An evaluation of more than a hundred studies has revealed that public investment, even on credit, may just hold the key to long-term success. First of all, no one doubts that Greece is in need of fundamental reforms. It requires better administration, less corruption and more competition. It is…

Deutsche Welle

Encouraging signs for Egypt’s economy

By Oxford Business Group After years of uncertainty and turbulence, Egypt’s economy is beginning to show some signs of recovery, with a marked rise in business confidence helping to strengthen indicators in both capital markets and the broader economy. Emerging signs of growth are welcome not only for investors, but also for the government, following …

Daily News Egypt

Egypt’s economy likely to grow 1.6 pct in 2012/13 year

By Patrick Werr / Reuters CAIRO: Egypt’s economic growth will remain relatively anemic in the coming fiscal year as political uncertainty drags on and the global outlook remains weak, but growth should pick up in the following year, a Reuters poll showed on Tuesday. Year-on-year gross domestic product (GDP) will grow by only 1.6 percent in …

DNE

GDP grew by annual 0.4 pct in Q4: MP

By Reuters CAIRO: Egypt’s economy grew by an annualized 0.4 percent in the fourth quarter of 2011, indicating the economy is on the mend after the turmoil of last year’s popular uprising, the deputy chairman of parliament’s economic committee said, citing official figures. “The slowdown in the growth rate has been contained, and that is …

DNE

Egypt’s economy to grow 3.1 pct in FY 2012/13

CAIRO: Egypt’s economy will grow by only 1.8 percent this fiscal year and 3.1 percent next as it recovers slowly from the political upheaval that ousted president Hosni Mubarak and disrupted the economy, a Reuters poll showed on Wednesday. The survey of 10 economists forecast that year-on-year gross domestic product (GDP) in the Arab world’s …

DNE

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