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Seasonal factors take unemployment rate to 8.6 pct in Q2 - lowest since 2008
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ELSTAT resumes monthly unemployment updates after review, rate at 8 pct in July
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PMI improves significantly in Aug, despite exports orders falling for four straight months
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Energy drives 0.5 pct YoY fall in July producer prices as other components rise
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Retail sales resume growth of 3 pct YoY in June, volumes record more modest rise
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Despite small drop in July, deposits stay above 200 bln mark
Scope takes Greece a step further into investment grade territory with 'BBB' rating
Scope Ratings completed the annual cycle of rating reviews for Greece with a positive move as it granted the first upgrade of the year and is the only agency that has moved Greece’s rating one step further into the investment grade territory.
Scope upped Greece’s rating to ‘BBB’ with a stable outlook. Moody’s is the only agency that is yet to grant the investment grade, just one notch below.
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