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Low-productivity economy a legacy of adjustment without transformation
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BoG cautiously optimistic on economy and banking sector
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S&P leaves Greece's 'BBB' rating unchanged, hints at slower pace of upgrades
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Housing costs, food prices set limits to impact of tax cuts
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Moody's keeps rating unchanged at 'Baa3' - outlook stable
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Underspend and taxes push primary balance up to Aug 3.77 bln above target
Govt grabs opportunity offered by escape clause to entice voters with support package
Under pressure from developments since the beginning of August which tarnished its prized trait of competence, the government saw an opportunity to announce a sizeable support package at the Thessaloniki International Fair, hoping to change the domestic agenda.
The first opinion polls since the end of the summer holidays indicated that the mismanagement of the wildfires and the botched cabinet reshuffle has had an impact on overall sentiment and the public’s view of the Prime Minister. Despite this development...
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