GDP - GREECE

Hellenic Statistical Authority (ELSTAT) is scheduled to announce today provisional data for 1Q18 GDP. Recall that according to European Commission’s latest forecasts, Greek GDP is estimated to grow by 1.9% in 2018, while the IMF is slightly more optimistic projecting GDP growth rate of 2.0%. Finally, the government is expected to revise downwards its current GDP forecast of 2.5% (included in FY18 budget) during the submission of the midterm fiscal plan  for the 2019-2022 period.  

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