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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
National Bank first to test market waters in post-election afterglow
If the bull case for Greece includes a pro-business government rousing dormant animal spirits in markets, that part of the case is still sleeping off a post-election campaign hangover.
The 6 percent drop in the Athens Stock Exchange index in the first two days after Sunday’s victory for New Democracy was not altogether surprising in light of the market adage that most price action tends to happen in anticipation of news, while traders...
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