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Despite rise of 6.1 pct YoY in June, building permits down 13.8 pct in H1
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Credit growth stable at 10.6 pct YoY in Aug
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Deposits rise by 2 bln in Aug, reaching new recent high of 205.4 bln
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Strong tax revenues, major underspend lead primary surplus 3.57 bln above target in Aug
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Tourism on track for new record season as receipts rise by 12.5 pct up to July
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Current account in 938.4 mln surplus for July thanks to services
IMF forecasts high primary surpluses, tempers growth expectations
![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/]")
At the annual meetings of the IMF and the World Bank currently being held in Morocco, the Fund presented its latest global economic and fiscal estimates. The Greek economy is seen continuing to outperform eurozone peers on growth and reaching high primary surpluses on a permanent basis.
In the World Economic Outlook (WEO), real GDP growth is seen at 2.5 pct this year, slowing down to 2 pct in 2024, which is an upwards revision from the 1.5 pct for 2024 expected in the previous WEO in April.
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