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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 -
Budget outperforms in Mar, delivers 2.95 bln primary surplus thanks to strong tax collection -
Import price drop slows further to 2.8 pct in Feb -
Car sales contract in March, up 4 pct YoY in Q1 -
Industrial Production growth slows to 1.6 pct YoY in Feb as electricity supply drops
EC tweaks forecasts, sees 2023 growth at 1.2 pct
The European Commission updated its estimates in the latest winter forecasts, essentially retaining the view it held in the autumn, seeing modest growth of 1.2 percent in 2023, after a rise of 5.5 percent in 2022.
In the autumn, the Commission expected the Greek economy to grow by 6 pct in 2022 and 1 pct this year, with the winter forecast noting that inflation had an effect on growth in the second half of 2022.
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