IMF aligns Greek projections with EU, revises down GDP

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IMF aligns Greek projections with EU, revises down GDP

Economy 06/10/2015 - 17:02 Tags: CPI, GDP, IMF, Unemployment

In its latest World Economic Outlook (WEO) published on Tuesday, the IMF presented its updated macro forecasts on Greece, which are based on data available on August 12.

As expected, the IMF revised downward its GDP estimates, aligning them with those the European Commission (EC) released in mid-August, which see a recession of 2.3 percent in 2015 and 1.3 percent in 2016.

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