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Credit expansion grows by 4.5 pct in Mar, driven by corporations
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Deposits reverse contraction in Mar with 1.67 bln growth
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Building permits start year strongly with 15.1 pct rise in Jan
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March hirings balance hits new high, boosted by seasonal jobs in catering and accommodation
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Fiscal data for 2023 indicates that 2.1 pct of GDP goal is within reach
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Travel balance rises in Feb as arrivals jump by 20.7 pct in first two months
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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