BoG revises growth forecast down to 3.2 pct amid growing uncertainty
Credit growth accelerates to 3.2 pct in May, led by loans to businesses
PBO urges continued fiscal discipline amid growing instability
Rising bond yields a concern, but not an immediate fiscal problem
OECD finds tax cuts linked to pandemic helped reduce wedge on labour
Reopening of 7-year bond affirms tougher conditions on sovereign debt market
Marfin Investment Group EBITDA up 75.6 pct in Q1
Marfin Investment Group (MIG) has released its Q1 2016 financial report showing that consolidated revenues came in at 245 million euros, recording a marginal decline of 1.2 million, or -0.5 percent versus the same period last year.
This was attributed to Greece’s ongoing economic recession plus continuing uncertainty regarding the country’s economic condition and what the future holds for the business sector.
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