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Low-productivity economy a legacy of adjustment without transformation
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BoG cautiously optimistic on economy and banking sector
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S&P leaves Greece's 'BBB' rating unchanged, hints at slower pace of upgrades
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Housing costs, food prices set limits to impact of tax cuts
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Moody's keeps rating unchanged at 'Baa3' - outlook stable
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Underspend and taxes push primary balance up to Aug 3.77 bln above target
IMF sees Greek growth at 2.5 pct in 2015, debt at 172.7 pct of GDP
![Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]](resources/toolip/img-thumb/2014/08/11/imf_439_1108-large.jpg "Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]")
In its latest World Economic Outlook (WEO) and Fiscal Monitor reports published this week, the International Monetary Fund revealed its updated forecasts on the key Greek macro and fiscal figures.
The Greek government expects a much slower GDP growth for both years at 1.4 percent in 2015 and 2.9 percent in 2016. Those estimates are included in the most recent reform list sent by the Finance Ministry in late March in the context of the February 20...
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