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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 stocks climb 3.8 pct during week amid increasing optimism on swift agreement
The Greek stock market climbed 3.8 percent this week amid improving sentiment an agreement between Greece and its lenders could be reached soon. The strong rebound was also accompanied with increased trading activity.
In its spring economic forecasts, the European Commission (EC) estimated a milder recession of 0.3 percent for this year, while retained its ambitious forecast for an economic recovery of 2.7 percent in 2017.
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