The Greek economy is expected to continue the outperformance of its EU partners that started in 1996, growing by about 4% in 2003 and 4.2% in 2004. By contrast, the European Commission (EC) forecasts GDP growth of 0.8% in 2003 and 2% in 2004 for the 15-member European Union as a whole and even lower rates of 0.4% and 1.8% for the eurozone.
There is, though, a downside to the Greek dynamism: its economy shows signs of fiscal slippage.
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