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Fitch maintains Greek 'BB' rating with stable outlook amid some lack of visibility
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Economic sentiment stable in June, but consumer confidence drops
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BoG sees growth of 4.2 pct this year but warns of multiple challenges ahead
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Unemployment edges down to 16.3 pct in March as inactives approach 3.5 mln
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Greece raises another 2.5 bln with reopening of sought-after 10-yr bond
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IMF raises outlook on Greek debt sustainability to merely 'uncertain'
IMF aligns Greek projections with EU, revises down 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) 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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