Some key tasks pending as Greece edges closer to completing post-programme process
Govt grabs opportunity offered by escape clause to entice voters with support package
Recovery in car sales slows to 2.7 pct in August
Rise of property prices continues with 4.6 pct increase in Q2
Strong response to dual bond transaction takes 2021 debt issuance to 14 bln
Industrial production up 8.8 pct in June, continues annual recovery from 2020 lows
PBO highlights exceptional factors supporting recovery, cautions against complacency
The Parliamentary Budget Office (PBO) issued its latest quarterly report on Tuesday, noting the economic recovery but warning against complacency as the factors behind the solid GDP rebound in the second quarter are circumstantial and transitory.
Greece’s annual growth of 16.2 pct in the second quarter was above the eurozone average of 14.3 pct and took that quarter above the 2019 level. There is a further set of encouraging macro data, with unemployment down by 3 percentage points at 14.2 pct, ...
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