by Associated Press Greece expects to swing to growth in 2015 Associated Press - 6 October 2014 04:21-04:00 ATHENS, Greece (AP) — Greece's finance ministry says the economy is on track to emerge from a six-year recession this year and grow by 2.9 percent in 2015, though unemployment in the bailed-out country is likely to remain high. Deputy Finance Minister Christos Staikouras on Monday presented a draft of the 2015 budget to parliament, which sees a return to modest growth of 0.6 percent in 2014, ending the downturn that erased a quarter of the country's output. The conservative coalition government is hoping to begin easing austerity measures and end stringent inspections by bailout creditors who provided 240 billion euros ($303 billion) in emergency loans. But the coalition is facing a strong challenge from the anti-bailout Syriza opposition party and has called a vote of confidence in parliament this week. News Topics: Business, Government budgets, National budgets, Recessions and depressions, Government finance, Government business and finance, Government and politics, National governments, Economy People, Places and Companies: Greece, Western Europe, Europe Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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