Current account deficit narrows to 840.3 mln in Feb as imports drop
Industrial turnover drops by 2.4 pct in February
Primary cash balance deficit at 3.91 bln in March
Budget primary deficit at 3.42 bln in March, above target by 941 mln
Wages index up by 4.5 pct YoY in Q4 2020, rises by 3.1 pct QoQ
New tax debt at 1.63 bln February, rising by 1.03 bln month-on-month
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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