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Unemployment jumps to 10.6 pct in Q1 - highest in two years
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Q1 GDP growth slows to 0.2 pct QoQ as investments drop
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OECD's latest outlook sees stable growth, rising inflation
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PMI improves in May as manufacturers struggle with effects of Iran war
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Deposits fall marginally in April as rise for households offsets business drop
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Lending to corporates drives credit drop of 6.8 pct YoY in Apr
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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