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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
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Greece extends debt prepayment strategy with first repayment of EFSF loans
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Primary balance at 5.73 bln up to July as RRF-related spending revs up
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Import prices rise moderates to 6.9% YoY in June as energy continues to dominate
FinMin sets out how it would alter policy mix to prevent pension cuts
In its efforts to avoid the politically sensitive issue of cutting pensions further, the Finance Ministry presented in the draft budget this week an alternative scenario consisting of a significantly different fiscal policy from the one included in the Medium-Term Fiscal Strategy (MTFS) this summer.
The issue of savings worth 2 percent of GDP for the post-programme period was pivotal for the completion of the second review in June 2017. This helped keep the International Monetary Fund involved, which was a basic requirement for certain core eurozon...
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