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Manufacturing conditions continued to improve in July, despite cost pressures
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Fuels propel 10.1% rise in retail sales for May despite volume drop
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Eurobank profits at 738 mln in H1, commissions jump by 13.5% to 414 mln
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Producer price index slows to 8.8% YoY in June, as energy continues to have impact
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Economic sentiment moderates slightly in July, while consumer confidence rises
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Unemployment rate stable at 8% in June
EC sees growth at 1.8 pct for 2019, rising to 2.3 pct in 2020 and fiscal targets in reach
The European Commission (EC) issued its latest forecasts for Greece in the context of its regular autumn economic forecast cycle on Thursday, when it revealed that it expects growth to remain resilient despite a slowdown in the first half of the year.
Gains in exports markets and new fiscal policy measures that intend to stimulate investment and reduce labour costs are expected to carry on as recovery continues in 2020.
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