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Travel balance surplus up by 10.9 pct in 2019 as 31.3 mln visitors roll in
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PBO sees encouraging signs for economic and fiscal outlook
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Current account deficit more than halves to 2.57 bln in 2019
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Apartment prices rise by 7.5 pct in Q4 and 7.2 pct in 2019
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Central government debt increases by 2.16 bln to 356.01 bln in Q4
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Industrial turnover rises by 11.3 pct in December
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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