Travel balance falls by 4.1 pct in April
Primary cash balance at surplus of 438 mln in May
May employment balance positive by 105,282 as seasonal hires pick up
Current account deficit drops in April on improved goods and services balance
Industrial turnover rises by 13.4 pct in April
Budget primary surplus at 918 mln in May, expenditures rise as 13th pension payment takes effect
OECD's Greek debt forecast shakes foundations of troika DSA
The secretary general of the Organization for Economic Cooperation and Development (OECD), Angel Gurria, handed Antonis Samaras the Paris-based body’s Economic Survey for Greece on Wednesday. It contains staggering projections with regard to the country’s debt and gives the Greek prime minister and his cabinet much to think about.
The OECD outlines 329 actions and measures that can help Greece improve its competitiveness. It also highlights the sluggish performance of Greek exports - one of the areas the troika-led program has so far failed to improve. But most alarmingly, the OE...
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