-
High energy prices fuel uncertainty on fiscal front
-
Output and new orders drop to lowest since Mar 2021, forcing PMI down by 2.7 pts
-
Deposit rise of 1.3 bln in May led by corporates as household savings drop
-
Economic sentiment drops by 3.7 pts in June as all components deteriorate
-
Jan-May primary budget deficit contained at 1.49 bln on back of property tax, VAT intakes
-
Seasonal jobs account for 7 in 10 hirings as balance nears 100,000 in May
OECD sees Greek recession continuing in 2014, slower recovery to follow

In its latest Economic Outlook report published on Tuesday, the Organisation for Economic Cooperation and Development (OECD) still expects Greek GDP to contract 0.3 percent in 2014 and rebound 1.9 percent in 2015.
The updated forecasts are marginally better compared to the previous estimates released in November 2013, which pointed to a recession of 0.3 percent this year and a recovery of 1.8 percent next year.
Full Access
A tailor-made service for professionals
Apart from having access to all our analysis and data, subscribers will be able to consult one-on-one with our analysts.
Free Access
Read some of our analysis for no charge
By signing up to MacroPolis, readers will be able to read two of our articles without charge each month. They will not have access to our data or weekly e-newsletter.
Standard Access
Our analysis and data at your fingertips
Subscribers will be able to read the full range of our articles, access our statistics and charts, and receive our weekly e-newsletter for €450 per year.
€480.00