Apartment prices rise by 4.1 pct in Q2
Travel balance falls by 85.1 pct in July
Current account shows deficit of 874.5 mln in July as travel receipts disappoint
Industrial turnover drops by 16.2 pct in July as manufacturing slows
Unemployment edges up to 16.7 pct in Q2 as tourism jobs dry up
Primary cash deficit at 5.78 bln in August
Parliament's budget office sees Greek recovery finely poised
In its latest quarterly report published on Monday, the Parliamentary Budget Office (PBO) argues that the Greek economy could grow by more than expected this year but that a series of concerns, including bank stress tests, unpaid taxes, lack of structural reforms and stagnant exports could yet weigh on the recovery.
The PBO estimates that the economic recovery this year may be stronger than the officially anticipated 0.6 percent, reaching 0.9 to 1 percent thanks largely to tourism. This forecast is also supported by the evolution of consumer confidence and retail s...
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