Grivalia Properties net profits rise by 87 percent in nine-month results
Primary cash surplus at 2.88 bln in Oct on higher expenditure, arrears payments
Fall in apartment prices continues with slower decline of 0.6 pct in Q3
Capital controls to be loosened further, restrictions on foreign cash removed
Budget primary surplus at 5.36 bln in 10-month, exceeding target on lower expenditure
Eurosystem funding falls by 4.38 bln in October as ELA declines
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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