Disposable income rises by 7 pct in Q2 as economy recovers, savings still positive
S&P holds off on new rating upgrade, ECB holds key to investment grade
Some key tasks pending as Greece edges closer to completing post-programme process
PBO highlights exceptional factors supporting recovery, cautions against complacency
Govt grabs opportunity offered by escape clause to entice voters with support package
Recovery in car sales slows to 2.7 pct in August
Amid Eurogroup stalemate, Athens focusses on extra liquidity available after ECB move
Tuesday’s Eurogroup teleconference ended in disagreement and is set to be repeated on Thursday, although Greece did secure a boost from the European Central Bank, which decided to allow Greek sovereign bonds to be used as collateral by local banks.
Eurogroup president Mario Centeno announced on Wednesday morning that after 16 hours of negotiations, no agreement could be reached and that finance ministers will reconvene for another remote discussion on Thursday. In a statement, Greek Finance Minist...
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