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Primary surplus up to June at 4.48 bln as taxes continue to outperform, spending contained
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Energy continues to drive import prices as May sees 13.3% YoY rise
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New passenger cars push June sales to highest since 2010
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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
Greece's Parliament Budget Office sees lack of post-bailout plan
In its latest quarterly report published on Wednesday, Greece’s Parliamentary Budget Office (PBO) set out its concerns about the country’s preparedness for exiting the troika Memorandum of Understanding (MoU).
The PBO notes that, as part of the ongoing review, the government is negotiating if, how and to what degree economic policies should be implemented rather than discussing an overall change in approach.
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