Travel balance up by 1.4 pct in August as EU arrivals jump by 17 pct
August current account shows surplus of 1.56 bln as deficit in primary income account grows
Pensions spending stable but early retirees burden system
Industrial turnover rises by 20.5 pct in August for highest increase since May 2017
Primary cash surplus at 17.96 bln in Sept as expenditure for the month falls
Travel surplus rises by 17.4 pct in H1 as sharp rise in visitors drives receipts growth
BoG reveals medium-term economic forecasts, sees growth of 2.5 pct next year
The Bank of Greece (BoG) disclosed for the first time in its monetary policy report published on Wednesday its detailed medium-term (until 2018) macroeconomic forecasts.
The central bank expects a mild recession of 0.3 percent for 2016, with the domestic economy recovering as of the third quarter of this year and seeing average GDP growth of 0.7 percent quarter on quarter until the last quarter of 2018. Following two re...
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