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IMF sees 2024 growth at 2 pct, debt on downward trend due to high primary surpluses -
Government tones down fiscal pledges as tighter framework starts to bite -
Budget outperforms in Mar, delivers 2.95 bln primary surplus thanks to strong tax collection -
Import price drop slows further to 2.8 pct in Feb -
Car sales contract in March, up 4 pct YoY in Q1 -
Industrial Production growth slows to 1.6 pct YoY in Feb as electricity supply drops
Greek Q4 GDP down 0.2 pct QoQ, 2014 nominal GDP stays in recession
The Greek seasonally adjusted (SA) GDP figure at constant prices showed a quarter on quarter (QoQ) fall of 0.2 percent in Q4 of 2014 after a rise (up to 0.7 percent) in the preceding three quarters, according to the flash estimates published by the Hellenic Statistical Authority (ELSTAT) on Friday.
In addition, SA GDP growth slightly accelerated to 1.7 percent YoY in Q4 from 1.6 percent in Q3. The slowdown of domestic economic activity in Q4 is mainly attributed to the political uncertainty that emerged in December and may also continue in the cou...
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