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Low-productivity economy a legacy of adjustment without transformation
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BoG cautiously optimistic on economy and banking sector
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S&P leaves Greece's 'BBB' rating unchanged, hints at slower pace of upgrades
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Housing costs, food prices set limits to impact of tax cuts
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Moody's keeps rating unchanged at 'Baa3' - outlook stable
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Underspend and taxes push primary balance up to Aug 3.77 bln above target
Greek business feeling the pinch from capital controls
The imposition of capital controls a month ago has taken a heavy toll on Greek companies, from the micro or small and medium-sized enterprises (SMEs) to the largest firms.
An initial study conducted by the Hellenic Confederation of Commerce and Entrepreneurship (ESEE) on the first ten days after the imposition of capital controls found total retail sales had dropped 10 percent. This reflected a nosedive of 70 percent in r...
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