Greek management consultants express optimism over course of economy: survey

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ATHENS, July 2 (Xinhua) -- Greek management consultants express optimism over the course of the Greek economy in the next 12 months, according to a survey by the Hellenic Association of Management Consulting Firms (SESMA) released on Tuesday.

The economic sentiment index jumped to 43.8 percent in the second quarter of 2019 from 30.6 percent in the first quarter of 2019, the highest reading since 2014, the survey showed, Greek national news agency AMNA reported.

SESMA attributes the positive trend to greater optimism both for macroeconomic data and production factors.

The only exception to the positive climate was expectations over exports of products and services, possibly because of a worsening economic climate in Europe and the world, according to the survey.

Greece is heading to national elections this Sunday with the economy as the top issue for voters, according to pollsters.

The debt ridden country faced a serious financial crisis in the past decade and was forced to implement three harsh bailout programs to fix its finances and avoid default.

Although Greece exited the bailout era last summer, everyday life for the average recession-hit Greek household has not improved dramatically, but representatives of the business world lately appear more confident about the future. Enditem

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