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Tourism season starts strongly in Feb with receipts up 70.7 pct in first two months
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Manufacturing drives industrial turnover decline of 4.6 pct YoY in Feb
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Hiring balance stays negative in Jan as new hires drop YoY
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Car sales rise strongly in March, up 6.4 pct YoY in Q1
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Underspend and rising tax revenues push primary surplus to 4.39 bln by March
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IMF sees war having moderate impact on economy, while fiscal outlook remains solid
Athens rushing to reduce arrears and secure 800 mln in bailout funds
The Greek Finance Ministry finds itself in a race against time to meet the target of paying back some of its arrears to the private sector and secure the last part of the European Stability Mechanism (ESM) disbursement worth 800 million euros.
Following the conclusion of the second review, the ESM board approved on July 7 the disbursement of 8.5 billion euros to Greece in two instalments. The first was released immediately to meet 6.9 billion euros of debt obligations and 800 million euros fo...
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