November travel receipts drop by 42.9 pct on lower French receipts
Current account posts deficit of 1.39 bln in November
Industrial turnover drops by 7.9 pct in November
Primary cash balance surplus at 5.56 bln in December
Building permits increase by 12.6 pct in October
Travel surplus rises by 12.7 pct in 9M
Athens buoyed by conclusion of budget talks but IMF lowers growth forecasts
The government submitted to the European Commission on Tuesday the draft 2020 budget after negotiations over the fiscal gap reportedly concluded successfully but, at the same time, the International Monetary Fund issued an indirect warning that Greece’s growth prospects for the coming years will be weaker than expected.
Reports on Wednesday morning suggested that the effort to reduce next year’s fiscal gap, from around 1 billion euros originally, to zero were fruitful. It appears that the government was forced to adjusting the costing of some of the fiscal measures it ...
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