PBO sees medium-term risks mounting, despite positive near-term outlook
Despite boost from travel, current account deficit hits 9.74 bln in Jul, up 43 pct YoY
Energy pushes industrial turnover growth up by 38.9 pct YoY in Jul, as index records rare monthly drop
Tax overperformance continues in Aug, as budget balance beats target by close to 6 bln
Property prices rise by 9.4 pct in Q2, close to all-time high
Q2 unemployment drops to 12.4 pct, reflecting seasonality in job market
Eurobank posts loss of 94.4 mln in Q1 as NPLs, Eurosystem funding rise
Eurobank kicked off Greek banks’ reporting season for the first quarter (Q1) of the year by announcing a net loss of 94.4 million from 207 million in Q1 2014 and 523.7 million in Q4.
Note, though, that Q4 results were burdened by significantly higher loan loss provisions and other impairments.
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