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PBO urges continued fiscal discipline amid growing instability
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Rising bond yields a concern, but not an immediate fiscal problem
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OECD finds tax cuts linked to pandemic helped reduce wedge on labour
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Reopening of 7-year bond affirms tougher conditions on sovereign debt market
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S&P moves Greece closer to investment grade, puts focus on budget and growth
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BoG: Growth could be 2 pts lower than expected, inflation may reach 7 pct
IMF sees contraction of 0.6 pct this year before strong rebound in 2017
![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/]")
The International Monetary Fund has provided its latest macro forecasts for Greece in the World Economic Outlook (WEO) published on Tuesday.
The fund expects Greece to return to growth in 2017 after contracting further this year. In particular, GDP is seen down 0.6 percent in 2016 and then strongly rebounding by 2.7 percent in 2017. Both estimates are broadly in line with those of the Europe...
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