Travel balance edges at 94.8 mln in Mar and 211.9 mln in three-month period
April hirings balance positive by 110,895, aggregate balance highest on record
OECD lowers growth forecast, warns Athens to maintain fiscal credibility
New overdue taxes rise by 489 mln in Mar, total legacy and new debt at 104.5 bln
Current account deficit widens in March due to deteriorating goods trade balance
Central govt debt falls for first time in six quarters, easing by 1.25 bln to 357.69 bln in Q1
Q4 GDP contracts 0.4 pct QoQ, growth of 0.3 pct in 2016
Greeces’ seasonally adjusted (SA) GDP fell by 0.4 percent quarter on quarter (QoQ) in the fourth quarter (Q4) of 2016, after an upward revised growth of 0.9 percent in the previous quarter, the Hellenic Statistical Authority (ELSTAT) flash estimates revealed on Tuesday.
Following the Q4 performance, the aggregate figures for the whole year point to a real GDP growth of 0.3 percent, which is exactly the same as the latest European Commission (EC) forecast and slightly below the IMF and the Bank of Greece estimates point...
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