PBO urges continued fiscal discipline amid growing instability

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PBO urges continued fiscal discipline amid growing instability

Economy 23/06/2022 - 15:11 Tags: Budget, Debt, GDP, PBO

In its latest report covering the first quarter of 2022, the Parliamentary Budget Office (PBO) sees mixed signals for the Greek economy and expects international factors to play a key role in developments in the near term.

On the positive side, Greece recorded solid growth of 7 pct in the first quarter, well above the 5.4 pct euro average, while conditions in the labour market improved notably, with employment rising by close to 11 pct and the rate dropping to 12.5 pct, f...

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