Central govt cash balance records surplus of 714 mln in April, improves by 5 bln YoY in first four months
Labour market on mend as March unemployment rate eases to 12.2 pct
Incorporating impact of Ukraine war, EC revises growth forecast down to 3.5 pct
Tourism jobs deliver highest April hiring balance on record at 124,365
Resilience evident in Apr budget execution data as taxes beat target by 1.79 bln
Import price index rise of 34.6 pct in Mar highest since inflation rise began
IMF downgrades Greek GDP and unemployment forecasts
The publication of the International Monetary Fund’s World Economic Outlook (WEO) on Tuesday revealed worse estimates for the Greek economy compared to the upbeat set of forecasts included in its previous forecasts, which were released early last October.
The Fund now expects the domestic economy to grow at a slower pace of 2.2 percent in 2017 compared to its initial forecast of 2.8 percent, which stood at high-end of the estimates made last year.
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