S&P revises Greece outlook to positive, affirms 'B-' rating
HRADF's updated asset development plan sets out next batch of privatisations
Moody's upgrades Greek rating to 'Caa2', changes outlook to positive
Stocks up 3.1 pct during week to reach fresh two-year high
Stocks edge down 0.6 pct this week amid soft volumes
Stocks rise for first time in three weeks, gaining 1.1 pct
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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