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Credit expansion growth slowed to 6.8% in July due to loans to businesses
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Deposits drop by 2 bln in July, driven by corporations
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Budget continues to perform strongly in July as VAT beats target by over 1 bln
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Energy propels rise of 19.6% YoY in June industrial turnover
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Current account deficit improves in June, rises to 9.54 bln in first half of year
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Central govt debt rises to 402.64 bln in Q2 on back of repos and bonds increases
Parliament's budget office highlights economic challenges beyond bailout
The economic challenges that Greece faces should it conclude the first bailout review with the institutions are outlined in the latest quarterly report of the Parliamentary Budget Office (PBO).
The report notes that based on the latest available information, the negotiations with the institutions will be concluded, barring any unpredictable political developments. Despite some reservations about the final policy mix, the PBO highlights that th...
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