Macroeconomy

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PBO sees medium-term risks mounting, despite positive near-term outlook

The Parliament Budget Office (PBO) released on Thursday its latest report, for the second quarter of the year, and notes the relative positive picture in the near-term, despite the uncertain times due to the energy crisis. However, it notes a series of challenges and risks in the medium-term.

By Panayotis Tzamaros/Fosphotos Property prices rise by 9.4 pct in Q2, close to all-time high

The rise in the nominal value of apartments in Greece remained strong in Q2 of this year, rising by 9.4 percent year-on-year (YoY), from an upwards revised 9.3 percent in Q1 2021, Bank of Greece (BoG) data released on Thursday showed.

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