Moody's explains cautious approach to Greek credit rating upgrade
PDMA readies bond schedule for 2019, with eye on prepayment of IMF loans
Retail turnover in June grows strongly led by fuel and supermarket sales
Economic sentiment remains stable as retail confidence materially improves
Employment balance year-to-date posts record despite more departures in July
Fitch upgrades Greek rating to 'BB-', three notches from investment grade
European Commission paper highlights challenges for Greek exports
The European Commission (EC) published an economic paper titled “The puzzle of the missing Greek exports” showing that Greece’s export performance is dramatically lagging behind, yet its export potential could be enormous.
Greece has a track record of protracted trade deficits and low openness. In particular, Greece has been experiencing a negative trade balance of circa 10 percent of GDP between 1995 and the late 2000s, which peaked at 14.5 percent in 2008.
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