Building permits increase by 6.4 pct in January
CPI down by 1.6% in March, marking 12-month continuous drop
Car sales almost double in March from level at start of pandemic
Industrial production up by 4.4% in February
IMF expects modest recovery, lingering debt but primary surplus to return swiftly
Trade deficit falls by 33.2 pct in February
IMF sees big dip of 9.5 pct for GDP in 2020 before mild recovery of 4.1 pct next year
The International Monetary Fund has issued its updated macroeconomic forecasts for Greece within the framework of the World Economic Outlook and the Fiscal Monitor released within as part of the IMF’s Annual Meetings.
The Fund sees the Greek economy falling by 9.5 pct this year, before partially recovering by 4.1 pct in 2021.
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