Employment balance turns negative by 125,668 in October
Industrial production rises by 1.2 percent in Sept
CPI edges down by 0.7 pct in October
EC sees growth at 1.8 pct for 2019, rising to 2.3 pct in 2020 and fiscal targets in reach
Unemployment edges down to 16.7 pct, lowest since April 2011
Trade deficit rises by 2.3 pct in September
Greece unveils MTFS seeing 4.2 bln primary surplus in 2014 but just under 2 bln fiscal gap in 2015-16
The Finance Ministry unveiled on April 30 the Medium-Term Fiscal Strategy (MTFS) for 2015 – 2018, which was also tabled in Parliament. The government aims for the program to be voted through the House by May 5 to coincide with the date of the next Eurogroup, where the Greek Finance Minister Yannis Stournaras is expected to officially raise the issue of more debt relief.
The released MTFS outlines the key fiscal targets for the next years without providing more color on specific policies and interventions or their anticipated outcome. A similar policy was also followed with the 2014 budget, making it difficult to draw c...
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