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Manufacturing continues to expand in April, firms remain optimistic -
Stability Programme revises growth down to 2.5 pct as investment estimates prove too rosy -
As base effect wears off, producer prices fall by just 0.1 pct in Mar -
Retail sales and volumes show worrying signs, turnover down 3.8 pct in Feb -
Corporate taxation, underspend lead to 3 bln primary surplus in March -
Credit expansion grows by 4.5 pct in Mar, driven by corporations
IMF sees 2024 growth at 2 pct, debt on downward trend due to high primary surpluses
During the Spring meetings held by the International Monetary Fund and the World Bank in Washington this week, the IMF presented its latest global estimates as part of the World Economic Outlook and the Fiscal Monitor.
The IMF left its growth outlook for Greece unchanged, seeing the economy growing by 2 pct in 2024, the same estimate as in October’s WEO. Next year’s growth is also broadly unchanged, with the growth estimate at 1.9 pct.
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