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Building activity slows again in Mar, as Q1 rise reaches 6.7 pct
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Retail sales up by 18.8 pct YoY in Apr, but monthly and volume data point to slowdown
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High energy prices fuel uncertainty on fiscal front
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Output and new orders drop to lowest since Mar 2021, forcing PMI down by 2.7 pts
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Deposit rise of 1.3 bln in May led by corporates as household savings drop
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Economic sentiment drops by 3.7 pts in June as all components deteriorate
OECD sees growth picking up, warns about society and financial sector
The Organisation for Economic Co-operation and Development (OECD) became the latest body to confirm Greece’s return to solid growth next year, although it issued a conservative forecast for economic activity this year.
In its economic outlook, the Paris-based think-tank sees Greece growing by 2.3 percent in 2018, from a modest 1.4 percent growth in 2017. The Greek Finance Ministry’s latest forecast in the final 2018 budget sees growth 1.6 percent this year and 2.5 per...
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