Economy
![Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]](resources/toolip/img-thumb/2014/08/11/imf_439_1108-medium.jpg "Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]")
IMF sees eurozone debt relief pledges failing to deliver sustainability
Following the executive board meeting on July 20 that approved in principle the precautionary Stand-By Arrangement (SBA) for Greece, the International Monetary Fund published its updated Debt Sustainability Analysis, which includes the relief measures that were agreed in the June 15 Eurogroup.
IMF insists fiscal targets unrealistic, cites historical evidence to support case
From the start of Greece’s third European Stability Mechanism, programme in the summer of 2015, the International Monetary Fund had been calling for realistic assumptions in the assessment of Greece’s debt sustainability.
Greece completes first bond issue in three years, eyes more on way out of programme
Greece has tapped capital markets with a 5-year bond issue for the first time since 2014, raising 3 billion euros.
IMF sets out why it stands apart from eurozone on long-term growth prospects
Greece’s long-term growth potential was one of the main points of contention as the International Monetary Fund and the Greece’s eurozone creditors were attempting to bridge their differences on debt sustainability to ensure the conclusion of the review and the Fund’s participation in the programme.
Greece announces return to markets with 5-year bond, mostly targeting swap
Following days of rumours and press reports, the Greek government officially launched the process for a new bond offering on Monday afternoon.
Travel receipts edge up 1.7 pct in May on higher foreign arrivals
Greece's travel receipts edged up by 1.7 percent in May, decelerating from the 11.3 percent growth recorded in April, Bank of Greece (BoG) data revealed on Monday.
Budget primary surplus at 1.94 bln in H1, beating target by 1.5 bln on underspend
The budget primary surplus was confirmed at 1.94 billion euros in the first half of 2017, up by 18.6 percent from last year’s figure of 1.63 billion, the Finance Ministry (MoF) final budget execution bulletin showed on Monday.
Disposable income edges down 0.1 pct in Q1
Greek household disposable income slipped by 0.1 percent in the first quarter (Q1) of 2017, after edging up by 0.1 percent in the previous quarter, Hellenic Statistical Authority (ELSTAT) data revealed on Monday.
S&P revises Greece outlook to positive, affirms 'B-' rating
S&P upward revised Greece’s outlook to positive from stable and affirmed its ‘B-‘ rating in its scheduled credit rating review published on Friday evening.
Current account deficit rises by 124.3 mln in May
Greece’s current account (C/A) deficit increased by 124.3 million euros to 581.6 million in May from 457.3 million a year ago, Bank of Greece (BoG) figures showed on Friday.