MacroPolis

IMF raises forecast for primary surplus but differences with European lenders remain

Following the publication of its macro estimates in the World Economic Outlook (WEO), the International Monetary Fund issued on Wednesday its latest fiscal estimates in the Fiscal Monitor, where the numbers for Greece for 2017 and 2018 were updated.

Primary cash surplus at 7.72 bln in March on strong underspend

Greece’s central government primary cash surplus recorded a surplus of 7.72 billion euros in the first three months of the year, Bank of Greece (BoG) figures showed on Wednesday.

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.

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).

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

By: Omaira Gill

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.