Credit growth in September up by 2.4 pct as business lending picks up
Deposits rise by 1.16 bln in September
Budget primary shows deficit of 7.01 bln in September
Disposable income falls by 11.8 pct YoY in Q2, final consumption down by 12.7 pct
Travel balance falls by 65.9 pct in August as 10.5 bln in receipts vanish in aggregate
Current account shows surplus of 79.7 mln in August
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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