Moody's upgrades Greece to 'Ba3' on back of reforms, warns of tricky period ahead
PMI rises to 50 points in September, signalling stabilisation
BoG sees 7.5 pct recession, EU funds boosting GDP by 1.9 pct annually
Greece draws strong interest, attractive yield by re-opening 10-year bond
Fitch keeps rating at 'BB', sees GDP contraction of 7.9 pct in 2020
OECD releases new outlook calling for sustained reforms post Covid-19
Commission sees political uncertainty hurting recovery, growth reaching 2.5 pct in 2015
In its winter economic forecasts the European Commission (EC) underscores that political uncertainty is affecting confidence and may dent the speed of recovery in Greece.
In addition, export growth is seen outpacing that of imports in both years. The former is forecasted at 5.6 percent in 2015 and 4.8 percent in 2016 and the latter at 4 and 3.5 percent respectively.
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