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March hirings balance hits new high, boosted by seasonal jobs in catering and accommodation
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Fiscal data for 2023 indicates that 2.1 pct of GDP goal is within reach
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Travel balance rises in Feb as arrivals jump by 20.7 pct in first two months
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Industrial turnover grows by 3.1 pct in Feb, led by mining and domestic market
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Current account records sharp deficit of 3.16 bln in Feb as goods balance deteriorates
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![Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]](resources/toolip/img-thumb/2014/08/11/imf_439_1108-small.jpg "Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]")
IMF sees 2024 growth at 2 pct, debt on downward trend due to high primary surpluses
OECD sees GDP growth of 1.1 pct in 2017, stresses structural reforms and debt relief
In its latest Economic Outlook report published on Wednesday, the Organisation for Economic Co-operation and Development (OECD) notes that the Greek economy is starting to recover and its fiscal target has been surpassed, but that the structural reform process has been uneven. Growth is expected to return but uncertainties remain.
The OECD estimates that GDP will rebound by 1.1 percent in 2017, lower than its previous forecast of 1.3 percent released in late November. However, a stronger growth of 2.5 percent in projected for 2018, above its previous estimate of 1.9 percent.
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