IMF: Greece’s Public Debt to Drop Nearly 30% Points by 2029
The forecast was included in the D.C.-based Fund’s Fiscal Monitor report on global fiscal developments
The forecast was included in the D.C.-based Fund’s Fiscal Monitor report on global fiscal developments
Projected consumer prices are forecast to rise by 2.7%
The country's efforts at digitalization and in combatting tax evasion seem to be bearing fruit
The ongoing protests by farmers in France and Germany have prompted responses from President Emmanuel Macron and Chancellor Olaf Scholz, leading to a series of announcements
In the report, the IMF is also raising some concerns about the Greek banking system, urging Greek authorities to take measures
The IMF predicts a real GDP growth of 2.3% in 2023 (revised from the previous 2.5%) and 2.1% in 2024 (revised from 2%)
Next month Greece will repay 5.3 billion euros ahead of schedule and hopes to continue the trend in 2024
Increase spending on health, education, supporting the vulnerable – Risks from rising property prices, interest rates, inflation and climate change
Unemployment is expected to stand at 10.8 percent in 2023; 9.3 percent in 2024
The forecasts for income and expenses for the following years
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