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Budget continued to outperform in Feb, delivering 3.4 bln primary surplus -
Wages index rises by 5.5 pct YoY in Q4, records first quarterly drop since Q3 2021 -
Import prices reach one year of contraction with 6.4 pct drop in Jan -
Vehicle sales rise by 17.3 pct in Feb, led by passenger cars -
Underwhelming GDP highlights investment falling short of mark -
Industrial production grows by 10.3 pct in Jan, boosted by electricity supply
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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