Fitch raises Greece to 'BB,' two notches from investment grade, sees growth at 2.5 pct in 2020
PDMA sets 2020 goals to build on improving conditions for debt
BoG sets out positives and next steps for economy, forecasts 2.4 pct growth in 2020
Latest T-bill auction nets near-zero yield, rounding off landmark year for sovereign debt
Car sales rise slows to 5.3 pct in October
Latest T-bill auction highlights shift in Greek yield curve
EC sees milder Greek recession in 2015, debt ratio to climb to 200 pct in 2016
In its autumn economic forecasts published on Thursday, the European Commission (EC) revised its estimates on the Greek economy to take into account the uncertainty surrounding the bank holiday and the imposition of capital controls in late June.
The negative carryover from 2015 will result in a recession of the whole 2016, although recovery is expected sometime next year. The latter would be largely supported by an improvement in confidence, re-launching of investments and privatisations and st...
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