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Manufacturing continues to expand in April, firms remain optimistic -
Stability Programme revises growth down to 2.5 pct as investment estimates prove too rosy -
As base effect wears off, producer prices fall by just 0.1 pct in Mar -
Retail sales and volumes show worrying signs, turnover down 3.8 pct in Feb -
Corporate taxation, underspend lead to 3 bln primary surplus in March -
Credit expansion grows by 4.5 pct in Mar, driven by corporations
Despite downward revision, IMF sees Greece growing by 1.8 pct in 2023
Amidst gloomy global economic prospects, which led to significant growth revisions in the World Economic Outlook that was published yesterday as part of the annual meetings of the IMF and World Bank, the Fund offered a small glimpse of hope to the Greek authorities for the challenging year ahead.
The IMF cut the growth estimate for the eurozone by half to 0.5 pct for next year, from 1.2 pct seen in the previous estimate in July and the eurozone’s engine Germany is now seen in a small contraction of 0.3 pct, from growth of 0.8 pct in the July for...
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