Turnover in services sector shows deteriorations in Q1 2018
Budget primary surplus at 1.54 bln in May on revenue rise, sharp investment underspend
Unemployment rate stable at 21.2 pct in Q1
Wages index rises by 2 pct in Q1 and 4.9 pct YoY
Fall in apartment prices decelerates to 0.2 pct in Q1 for slowest contraction on record
Building permits fall by 2.3 pct in March, absolute permits rise above 1,000
Parliament's budget office sees Greek recovery finely poised
In its latest quarterly report published on Monday, the Parliamentary Budget Office (PBO) argues that the Greek economy could grow by more than expected this year but that a series of concerns, including bank stress tests, unpaid taxes, lack of structural reforms and stagnant exports could yet weigh on the recovery.
The PBO estimates that the economic recovery this year may be stronger than the officially anticipated 0.6 percent, reaching 0.9 to 1 percent thanks largely to tourism. This forecast is also supported by the evolution of consumer confidence and retail s...
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