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
S&P moves Greece closer to investment grade, puts focus on budget and growth
BoG: Growth could be 2 pts lower than expected, inflation may reach 7 pct
Economic sentiment remains stable as retail confidence materially improves
Greece’s economic sentiment (ESI) remained broadly unchanged in August dropping by 0.1 points to 105.2 following a rise of 2.8 points in July, European Commission (EC) figures revealed on Thursday.
Following August’s reading, sentiment now stands for five consecutive months above the 100-point mark. It also matched the figure of June 2014.
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