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Fiscal data for 2023 indicates that 2.1 pct of GDP goal is within reach -
Travel balance rises in Feb as arrivals jump by 20.7 pct in first two months -
Industrial turnover grows by 3.1 pct in Feb, led by mining and domestic market -
Current account records sharp deficit of 3.16 bln in Feb as goods balance deteriorates -
IMF sees 2024 growth at 2 pct, debt on downward trend due to high primary surpluses -
Government tones down fiscal pledges as tighter framework starts to bite
Despite downward revision, IMF sees Greece growing by 1.8 pct in 2023
Amidst gloomy global economic prospects, which led to significant growth revisions in the World Economic Outlook that was published yesterday as part of the annual meetings of the IMF and World Bank, the Fund offered a small glimpse of hope to the Greek authorities for the challenging year ahead.
The IMF cut the growth estimate for the eurozone by half to 0.5 pct for next year, from 1.2 pct seen in the previous estimate in July and the eurozone’s engine Germany is now seen in a small contraction of 0.3 pct, from growth of 0.8 pct in the July for...
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