Strong surplus in Nov as travel balance nears year-end with 58.6 pct of 2019 intakes, 46.7 pct of arrivals
Industrial turnover soars by 39.4 pct in Nov, index up by more than 42 pct since Feb 2021
Worsening goods balance pushes current account deficit to 2.52 bln in Nov, highest since 2011
Central gov primary cash deficit plummets to 9.86 bln in 2021
Unemployment rate eases to 13.3 pct in Nov as number of employed rises sharply
Despite job losses in Q4 2021, year closes with positive hirings balance
IMF expects modest recovery, lingering debt but primary surplus to return swiftly
Within the context of its Spring meetings, the IMF updated its macroeconomic and fiscal estimates for Greece in the World Economic Outlook and the Fiscal Monitor publications.
The Fund sees the Greek economy recovering by 3.8 pct this year, followed by growth of 5 pct in 2022 and a modest 1.4 pct in 2026. Growth in the last quarter of this year is seen picking up by 6.9 pct, and slowing down to 3.6 pct in the last quarter of ...
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