Travel balance falls by 62.9 pct in November
Primary cash balance deficit at 17.82 bln in 2020
Current account shows deficit of 1.26 bln in November
Industrial turnover drops by 2.9 pct in November
Budget primary shows deficit of 18.20 bln in 2020, total deficit at 22.81 bln
Building permits drop by 4.9 in October
IMF expects difficult year for public finances, PBO highlights impact on labour force
The IMF released on Wednesday its Fiscal Monitor report, which compounded the grim picture for Greece on the budget front, after the forecast for a 10 pct in the World Economic Outlook that was published on Tuesday.
The Fund sees Greece running a fiscal deficit of 9 pct of GDP this year, followed by a deficit of 7.9 pct of GDP in 2021. After five years of successive primary surpluses, the balance will turn negative this year and next: -5.1 pct of GDP in 2020 and -4...
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