Revision confirms second year of total fiscal surplus at 0.8 pct of GDP
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
Among euro area SMEs, Greeks face most problems with access to finance
Almost one third of Greek small and medium-sized enterprises (SMEs) named “access to finance” as the most pressing problem, according to an ECB survey on this subject conducted between April – September 2014.
The Greek SME rate (32 percent) is by far the highest in the eurozone, followed by Ireland at 18 percent and Spain and Portugal at 17 percent. In contrast, the lowest figure was named in Austria (7 percent) and Germany (9 percent).
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