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Greece digests EU-US trade deal amid mixed reaction
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Jump in corporate deposits takes balance to highest since Jan 2011
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Car registrations rise by 13.5 pct YoY in May to highest since 2010
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Finance Ministry seeks solutions to address growing housing problem
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Scope leaves rating at 'BBB' and outlook unchanged at stable
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Q1 travel receipts up 4.4 pct YoY, arrivals also on the rise
European Commission paper highlights challenges for Greek exports
The European Commission (EC) published an economic paper titled “The puzzle of the missing Greek exports” showing that Greece’s export performance is dramatically lagging behind, yet its export potential could be enormous.
Greece has a track record of protracted trade deficits and low openness. In particular, Greece has been experiencing a negative trade balance of circa 10 percent of GDP between 1995 and the late 2000s, which peaked at 14.5 percent in 2008.
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