Travel balance falls by 53.6 pct in March
Current account shows deficit of 1.10 bln in March as Covid-19 hits trade & travel
Industrial turnover drops by 9.3 pct in March
PBO highlights economic impact of Covid-19, calls for policies to mitigate damage
Central government debt increases by 5.81 bln to 361.83 bln in Q1
Primary cash balance deficit climbs to 2.62 bln in April largely on revenue deterioration
IMF revises fiscal outlook, sees lower primary surpluses in coming years
Following the publication of its global forecasts in the World Economic Outlook, the International Monetary Fund (IMF) released its Fiscal Monitor ahead of the autumn meetings due to take place in Washington this week.
The previous Greek government cancelled in May the tax-free threshold reduction, which was scheduled to bring 1 percent of GDP in added revenues next year, and the new administration is happy to continue along these lines. This has prompted the Fund to ...
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