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Deposits drop of 2.13 bln in Oct driven by businesses
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Credit growth slows to 7.8 pct YoY in Oct
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Construction continues recovery in Aug, down 8.4 pct YoY over 8 months
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Economic sentiment slides in Nov, consumer confidence drops sharply
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Oct budget execution data affirms strong revenue performance
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Property prices continue to climb in Q3, reaching record high
IMF sees solid primary surplus from 2023, debt falling to below 150 pct of GDP by 2027
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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