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Car sales remain strong, rising by 3.3% YoY up to May
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Wages index maintains momentum with 6.7% YoY rise in Q1
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Budget continues to perform strongly with 3.64 bln surplus up to May
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Energy propels 18.4% YoY rise in import prices for April
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Strong bond reopening virtually completes Greece's debt strategy for 2026
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Electricity main driver for industrial production rise of 2.1% YoY in April
EC trims 2020 recession forecast to 9 pct, but 2021 recovery also slashed
The European Commission slightly revised its forecasts for Greece in the interim Summer forecast released on Tuesday, compared to the Spring forecasts that were released at the beginning of May.
Nevertheless, Greece is expected to experience a sharp contraction of 9 pct in 2020, from 9.7 pct in the spring estimates. This moves the country from the worst-hit economy this year behind Italy, which is now forecast to contract by 11.2 pct is leading...
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