Updated IMF DSA sees Greek debt as sustainable in medium-term, risks over long-term
PMI drops to 42.3 points in November as second lockdown hits
Apartment prices rise by 3.2 pct in Q3
Retail turnover and volume both drop by 3.5 pct in September
Economic sentiment dips to 91 in November as consumer confidence continues to slide
Credit growth continues with 2.5 pct increase in Oct
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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