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Despite strains, manufacturing remains in growth as Nov PMI reaches 50.9 pts
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Falling energy costs drive down producer prices by 13.5 pct in Oct
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Retail sales rise by 3.3 pct in Sep, but falling volume reflects challenges
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Unemployment rate drops below 10 pct in Oct for first time since Sep 2009
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Economic sentiment stable in Nov, consumer confidence slides further
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Credit growth at 2.1 pct in Oct, but flow negative by 856 mln
IMF sees solid primary surplus from 2023, debt falling to below 150 pct of GDP by 2027
![Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]](resources/toolip/img-thumb/2014/08/11/imf_439_1108-large.jpg "Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]")
The International Monetary Fund has mapped out what it believes Greece’s fiscal path will look like in the Fiscal Monitor that was released as part of the meetings with the World Bank currently being held in Washington.
The Fund sees Greece turning this year’s primary deficit of 1.8 pct into a surplus of 0.9 pct next year and maintain it on a growing scale up to 2027 when it reaches 2 pct of GDP. It will be 1.4 pct in 2024, 1.6 pct in 2025 and estimated at 1.9 pct in 2...
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