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Primary cash surplus at 19.54 bln in October on monthly and aggregate expenditure falls
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Budget primary surplus at 6.46 bln in October on improved revenues and primary underspend
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Eurosystem funding rises to 13.2 bln in October, banknotes up for third month
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Building permits increase by 13.3 pct in August
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Apartment prices up by 2.5 pct in Q3 as recovery trend continues
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Car sales rise by 19.2 pct in October
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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