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Industrial production accelerates to 3.9% YoY in May, led by electricity supply
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Fuels continue to propel drop in trade deficit as May sees 15.7% YoY decline
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Pension policy U-turn highlights government’s election concerns
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Jobs in tourism push May hiring balance upwards
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PBO sees resilience in economy, revises growth outlook slightly down
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Unemployment slides to 8.1% in May as male and youth rates improve
Troika review begins with fiscal targets and tax breaks in focus
The troika begins its latest review of the Greek program on Tuesday, just six days before the 2015 draft budget is due to be submitted to Parliament. The focus is on what fiscal targets the government will have and what tax breaks it will be able to offer.
Citing a senior Ministry of Finance (MoF) official, To Vima daily reports that the general government (gg) primary surplus is expected to reach 1.7 percent of GDP in 2014. This is lower than the 2.3 percent incorporated in the latest Medium-Term Fiscal ...
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