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
BoG underlines progress in NPE reduction but stresses need for systemic solution
BoG sees recovery strengthening, proposes post-MoU safety net
In the Interim Report on Monetary Policy for 2017 published on Thursday, Bank of Greece (BoG) governor Yannis Stournaras outlined the Greek economy’s positive momentum and the challenges that lie ahead, underlining that the focus of the political system and future policy implementation will decide whether Greece will leave the crisis for good.
Stournaras found himself at odds with the Greek government over his view that a safer approach to the post programme period is needed in the form of a precautionary line that will have several benefits for the banking system and the sovereign. This, tho...
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