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Current account deficit narrows to 125.2 mln in Jan on higher exports, moderate fuel impact
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Moody's keeps Greece three notches from investment grade, improves outlook on back of growth potential
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DBRS leaves Greece a notch from investment grade, outlook stable
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Survey highlights households struggling with cost of living, delivers worst outlook since 2019
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Vulnerable households allocated 60 pct of income for housing even before cost-of-living crisis
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Sentiment edges up by 1.4 pts in Jan, consumer confidence unchanged
EC sees milder Greek recession in 2015, debt ratio to climb to 200 pct in 2016
In its autumn economic forecasts published on Thursday, the European Commission (EC) revised its estimates on the Greek economy to take into account the uncertainty surrounding the bank holiday and the imposition of capital controls in late June.
The negative carryover from 2015 will result in a recession of the whole 2016, although recovery is expected sometime next year. The latter would be largely supported by an improvement in confidence, re-launching of investments and privatisations and st...
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