Economy
EquiFund makes official launch in bid to grow Greek businesses
The hotly anticipated venture capital fund, EquiFund, which aims to foster business growth in Greece was officially launched by prime minister Alexis Tsipras on Monday.
![Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]](resources/toolip/img-thumb/2014/08/11/imf_439_1108-medium.jpg "Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]")
IMF revises growth forecasts downwards, emphasising gap with other lenders
The International Monetary Fund (IMF) issued on Tuesday its latest World Economic Outlook (WEO), updating its forecasts for the Greek economy over the coming years.
Tourist numbers increase by 9.7 pct in 2017, cruise visitors decline
The balance of travel services came to a surplus of 12.73 billion euros for the full year in 2017, according to figures released by the Bank of Greece (BoG).
Are hirings in the public sector out of control?
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In recent weeks the Greek government has come under sustained criticism from the main opposition party, New Democracy, for its management of the public sector.
New overdue taxes jump by 2.01 bln in Feb, total stock climbs to 101.12 bln
Greece’s new tax debt jumped by over 2 billion euros in February, growing sharply from an increase of 766 million euros in January, data from the Independent Authority of Public Revenues (IAPR) revealed on Tuesday.
Budget primary surplus at 2.32 bln in Mar, beating target by 1.22 bln
The budget primary balance recorded a surplus of 2.32 billion euros in the first three months of 2018, compared to a surplus of 1.07 billion noted in March 2017, the MoF preliminary budget execution bulletin showed on Monday.
Central Athens shop closures at six-year low, mixed picture in other commercial centres
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A survey by the Hellenic Confederation of Commerce and Entrepreneurship (ESEE) has revealed that the number of shuttered shops in Athens’ city centre has dropped to its lowest level since 2012.
Ahead of IMF Spring Meetings, questions remain about conclusion of programme
Attention is due to turn to Washington this week in the hope that the discussions which take place at the sidelines of the International Monetary Fund’s Spring Meetings will provide some clarity on the conclusion of the Greek programme and what will follow.
Car sales up by 23.9 pct in March and by 33.3 pct in three-month period
Road motor vehicles going into circulation for the first time rose by 23.9 percent in March, remaining positive but declining against the 33.1 percent increase in February, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
CPI declines by 0.2 pct in March for year’s second negative reading
Greece’s Consumer Price Index (CPI) edged down by 0.2 percent in March after positive growth of 0.1 percent in February, Hellenic Statistical Authority (ELSTAT) data showed on Friday.