Deposits rise by 1.43 bln in April
Credit growth in April marks first two successive months of expansion since 2010
Retail sales down by 1.5 pct in March for first fall in seven months
Economic sentiment at 88.5 in May, consumer confidence begins to stabilise
April budget primary balance shows deficit of 1.52 bln as state revenues miss target by 7.5 pct
Travel balance falls by 53.6 pct in March
Fiscal Council optimistic on 2016 target, sees next year’s goals as feasible
The Greek Fiscal Council published on Tuesday its first semi-annually report on fiscal and macroeconomic developments, presenting its views on the 2017 draft budget and whether targets will be met this year and next.
A more detailed macro and fiscal outlook will be available after the completion of the second programme review and the tabling of the Medium-Term Fiscal Strategy (MTFS), the report notes.
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