Greek economy to slump 4.5 pct in 2013, recovery seen next yr-cenbank

ATHENS Mon Feb 25, 2013 5:20am EST

ATHENS Feb 25 (Reuters) - Greece's economy will stay in recession this year before recovery starts in 2014, the country's central banker said on Monday, urging the government to stay the course of reforms and meet fiscal targets agreed with international lenders.

"There is no doubt that 2013 will be a difficult year, but we can expect the recession to gradually wane and to start seeing positive GDP growth rates during 2014," Bank of Greece Chief George Provopoulos told the bank's shareholders meeting.

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

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