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
IMF downgrades Greek GDP and unemployment forecasts
The publication of the International Monetary Fund’s World Economic Outlook (WEO) on Tuesday revealed worse estimates for the Greek economy compared to the upbeat set of forecasts included in its previous forecasts, which were released early last October.
The Fund now expects the domestic economy to grow at a slower pace of 2.2 percent in 2017 compared to its initial forecast of 2.8 percent, which stood at high-end of the estimates made last year.
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