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Hiring balance turns negative in Sep on as tourism season winds down
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Manufacturing grows in Oct amid persistent export challenges and higher input costs
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Retail sales grow strongly in Aug with 5.3 pct YoY rise
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Energy drives producer prices down by 1.1 pct YoY Sep as all other components rise
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Economic sentiment picks up in Oct, consumer confidence sliding again
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Unemployment unchanged at 8.2 pct in Sep
PBO warns of recovery risks, fourth bailout and possible default
In its quarterly report published on Friday, the Parliamentary Budget Office (PBO) urged for a swift conclusion of the programme review and implementation of the necessary reforms, which could lead to a sustainable economic recovery.
The PBO notes that if the memorandum of understanding is implemented, Greece will be able to get out of the current deadlock. However, it raises a number of concerns about the process.
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