Budget primary surplus confirmed at 2.37 bln in Mar, above target by 1.27 bln
Credit standards and demand for corporate, household loans unchanged in Q1
Greek 2017 primary surplus confirmed at 4 pct, well above target
Travel balance slumps to deficit of 6.9 mln in Feb as payments outpace receipts
February current account deficit at 1.29 bln as underlying balances worsen
Eurosystem funding drops by 1.45 bln in March as ELA reduction offsets ECB rise
BoG reveals medium-term economic forecasts, sees growth of 2.5 pct next year
The Bank of Greece (BoG) disclosed for the first time in its monetary policy report published on Wednesday its detailed medium-term (until 2018) macroeconomic forecasts.
The central bank expects a mild recession of 0.3 percent for 2016, with the domestic economy recovering as of the third quarter of this year and seeing average GDP growth of 0.7 percent quarter on quarter until the last quarter of 2018. Following two re...
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