BoG notes economic progress, urges safeguarding of fiscal credibility
S&P keeps rating at 'B+' and highlights obstacles to competitiveness
Fiscal data points to primary surplus of 4.4 pct in 2018, beating target of 3.5 pct
Dispute over pensions backlog as future burden from retirees highlighted
IAPR annual data shows growing tax pile and pressure on middle-income taxpayers
Central bank points out signs of recovery in business lending
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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