×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Friday
11
Sep 2026
weather symbol
Athens 23°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> Economy

PM Tsipras disregards IMF gloomy projections and makes financial promises

Greek government and IMF prepare to clash in new round of talks

Newsroom October 12 08:02

Δείτε περισσότερα άρθρα μας στα αποτελέσματα αναζήτησης

Add Protothema.gr on Google

Greek PM Alexis Tsipras intervened from Thessaly following the bleak projections by the IMF on Greece’s primary surplus. In an effort to bolster the image of the Greek economy, Mr. Tsipras opted to selectively focus on the positive aspect of the data realised by the IMF that Greece would achieve a GDP growth rate of 2.65% for 2018, deliberately ignoring the Fund’s revised negative forecasts that the current surplus would reach only 2.2% against the initially estimated 3.5%, something that would force the government to implement a series of new harsh measures. “Even our ‘arch friends’ the IMF, which has systematically underestimated its projections for Greece from 2015 onwards, predicts that growth for 2018 will reach 2.65%. I believe that we will have more”, predicted Mr Tsipras, while he estimated that in 2017 the GDP would close around 2%. The Prime Minister appears overly optimistic about the course of the economy, as he it is essentially the only defence he has. However, the figures he bases this optimism on are far from solid, as the revenue shortfall in recent months shows that the policy of over-taxation has been abused, as Greek taxpayers have exhausted the ability to pay. It has become apparent that the Greek government and the IMF are preparing for a tough round of talks on the 3rd reviews, with the main question being what stance the European institutions will take given the replacement of former German Finance Minister Wolfgang Schauble.

Ask me anything

Explore related questions

#Alexis Tsipras#economy#GDP#greek PM#imf
> More Economy

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

The Danish government wants to ban cell phones in elementary and middle schools

September 10, 2026

Cindy Crawford says having a daughter who looks like her can be annoying, but it has its perks

September 10, 2026

Breaking: The two doctors arrested over the death of Giorgos Mazonakis

September 10, 2026

Nicole Kidman on the Oscar she won in 2003: “I was at the peak of my career and came home feeling so alone”

September 10, 2026

Mitsotakis met with Amal Clooney at the Maximos Mansion, with the Parthenon Marbles as the center of the discussion

September 10, 2026

Giorgos Mazonakis investigation — Four folders and a bag of evidence taken from Kolonaki clinic by Greek “FBI” officers

September 10, 2026

Greek shipowners’ major cash-out – 316 ships up for auction

September 10, 2026

Oil surges past $100 as Saudi production falls to 36-year low

September 10, 2026
All News

> Greece

In reverence, the emotional deposition in Jerusalem, see photos & video

The Holy Temple of the Resurrection opened after many days due to the war between Israel and Iran

April 10, 2026

In the final stretch for the accreditation of joint master’s degrees: Aiming for their launch in the coming academic year

April 10, 2026

Schedule for Epitaph Procession today (10/4)

April 10, 2026

Perfect weather for Easter excursions, according to Tsatrafyllia’s forecast

April 10, 2026

Easter in Greece: The customs that continue in Greek tradition – From Nafpaktos to Corfu

April 10, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα