Fitch maintains Greek 'BB' rating with stable outlook amid some lack of visibility
Economic sentiment stable in June, but consumer confidence drops
BoG sees growth of 4.2 pct this year but warns of multiple challenges ahead
Unemployment edges down to 16.3 pct in March as inactives approach 3.5 mln
Greece raises another 2.5 bln with reopening of sought-after 10-yr bond
IMF raises outlook on Greek debt sustainability to merely 'uncertain'
SMEs, backbone of Greek economy, have shed 27 pct of jobs since 2008
The annual report on European Small and Medium-sized Enterprises (SMEs) released by the European Commission (EC) this week showed that SME employment in Greece fell by 27 percent since 2008, which corresponds to 630,000 fewer jobs.
Over the same period, almost one in four (205,000) of the SMEs that existed in 2008 closed down, resulting in a reduction of the respective business volumes by one third of its 2008 levels. Although the decline slowed in 2013, there has not yet been a r...
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