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BoG revises growth forecast down to 3.2 pct amid growing uncertainty
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Credit growth accelerates to 3.2 pct in May, led by loans to businesses
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PBO urges continued fiscal discipline amid growing instability
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Rising bond yields a concern, but not an immediate fiscal problem
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OECD finds tax cuts linked to pandemic helped reduce wedge on labour
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Reopening of 7-year bond affirms tougher conditions on sovereign debt market
Greeks’ wealth fell by 0.6 pct in 2016 for third straight decline
Wealth in Greece dropped for the third straight year in 2016, albeit by just 0.6 percent after a decline of 9.7 percent in 2015, the 2016 Global Wealth Report published by Credit Suisse revealed.
The absolute figure landed at 947 billion US dollars in mid-2016, down by 6 billion from the mid-2015 figure of 953 billion.
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