S&P keeps B+ rating and positive outlook, stresses factors for stronger growth
PDMA sets out plans to build on recent market forays with bond issues in 2019
Backpay for civil servants gets "positive" measures rolling for government
Appeals over past pension cuts sow confusion about potential fiscal impact of backpay
Revision confirms second year of total fiscal surplus at 0.8 pct of GDP
Moody's explains cautious approach to Greek credit rating upgrade
IMF sets out key priorities for Greece, including labour market flexibility
In its staff report for the 2016 article IV consultation on euro area policies released on Friday, the International Monetary Fund highlighted labour market flexibility, strengthening competition and improving business environment as the key reform priorities for Greece.
With regard to the labour market, the IMF recommends that reforms need to be preserved and further expanded. It makes special mention of the minimum wage, which it argues stands at the high end in the eurozone when measured on a GDP per capita basis.
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