Economy

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Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/] IMF highlights bailout shortcomings in latest admission of programme errors

A new internal evaluation document published by the International Monetary Fund on Monday can be added to the existing material that has been released by the IMF on Greece outlining what a formidable task the country faced in 2010 when it signed the first programme with the eurozone and the Washington-based organisation.

Image via www.viohalco.com Industrial turnover drops by 6.7 pct in March

Greece’s industrial turnover fell by 6.7 percent year-on-year (YoY) in March compared to an upward revised increase of 8 percent in February, Hellenic Statistical Authority (ELSTAT) data published on Monday showed.

Primary cash balance at surplus of 232 mln in Apr

Greece’s central government primary cash balance recorded a surplus of 232 million euros in the first four months of the year according to figures released by the Bank of Greece (BoG).

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