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Disposable income rises by 7 pct in Q2 as economy recovers, savings still positive
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Some key tasks pending as Greece edges closer to completing post-programme process
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PBO highlights exceptional factors supporting recovery, cautions against complacency
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Govt grabs opportunity offered by escape clause to entice voters with support package
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Recovery in car sales slows to 2.7 pct in August
Greek bank recapitalisation: The story so far and what lies ahead
The Greek bank recapitalistion process will be one of the most pressing issues that the new government due to emerge from the September 20 snap elections will have to tackle.
The key ongoing development so far relate to the asset quality review (AQR) and the stress tests – both conducted by the European Central Bank (ECB) for the first time – that will determine the capital needs of Greek banks.
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