PBO urges continued fiscal discipline amid growing instability
Rising bond yields a concern, but not an immediate fiscal problem
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Reopening of 7-year bond affirms tougher conditions on sovereign debt market
S&P moves Greece closer to investment grade, puts focus on budget and growth
BoG: Growth could be 2 pts lower than expected, inflation may reach 7 pct
Among euro area SMEs, Greeks face most problems with access to finance
Almost one third of Greek small and medium-sized enterprises (SMEs) named “access to finance” as the most pressing problem, according to an ECB survey on this subject conducted between April – September 2014.
The Greek SME rate (32 percent) is by far the highest in the eurozone, followed by Ireland at 18 percent and Spain and Portugal at 17 percent. In contrast, the lowest figure was named in Austria (7 percent) and Germany (9 percent).
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