Retail turnover drops by 12.3 pct and volume by 11 pct in December
Budget primary confirmed at deficit of 1.47 bln in Jan as taxes dwindle
Credit growth in January rises to 3.7 pct even as flow turns negative
Deposits drop by EU1.21 bln in January, first decline in a year
Economic sentiment rises to 91.9 points in February despite drop in consumer confidence
Retail sales drop by 8.6% in 2020 as e-shops prosper but many sectors suffer
Athens buoyed by conclusion of budget talks but IMF lowers growth forecasts
The government submitted to the European Commission on Tuesday the draft 2020 budget after negotiations over the fiscal gap reportedly concluded successfully but, at the same time, the International Monetary Fund issued an indirect warning that Greece’s growth prospects for the coming years will be weaker than expected.
Reports on Wednesday morning suggested that the effort to reduce next year’s fiscal gap, from around 1 billion euros originally, to zero were fruitful. It appears that the government was forced to adjusting the costing of some of the fiscal measures it ...
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