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Unemployment edges down to 16.3 pct in March as inactives approach 3.5 mln
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Greece raises another 2.5 bln with reopening of sought-after 10-yr bond
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IMF raises outlook on Greek debt sustainability to merely 'uncertain'
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Updated privatisation plan seeks to make up for ground lost in 2020
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Covid recession bumped pension spending to 18 pct of GDP in 2020
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Greece draws another 3 bln from bond markets as debt strategy continues at pace
European Commission says 2014 is a turning point for Greece as growth resumes
In its autumn economic forecast released today, the European Commission (EC) highlights that 2014 would be the turning point for Greece with the domestic economy turning to growth after six years of recession.
EC retains unchanged its previous forecasts calling for GDP growth of 0.6 percent in 2014, 2.9 percent in 2015 and 3.7 percent in 2016. In addition, it stresses that in seasonally-adjusted terms – not publicly available by the statistical authorities – ...
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