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Primary surplus up to June at 4.48 bln as taxes continue to outperform, spending contained
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Energy continues to drive import prices as May sees 13.3% YoY rise
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New passenger cars push June sales to highest since 2010
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Industrial production accelerates to 3.9% YoY in May, led by electricity supply
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Fuels continue to propel drop in trade deficit as May sees 15.7% YoY decline
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Pension policy U-turn highlights government’s election concerns
OECD's Greek debt forecast shakes foundations of troika DSA
The secretary general of the Organization for Economic Cooperation and Development (OECD), Angel Gurria, handed Antonis Samaras the Paris-based body’s Economic Survey for Greece on Wednesday. It contains staggering projections with regard to the country’s debt and gives the Greek prime minister and his cabinet much to think about.
The OECD outlines 329 actions and measures that can help Greece improve its competitiveness. It also highlights the sluggish performance of Greek exports - one of the areas the troika-led program has so far failed to improve. But most alarmingly, the OE...
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