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S&P keeps rating at 'B+' and highlights obstacles to competitiveness
Economyremains weak due to a combination of impediments to competition in product and professional services
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Athens revises projections in Stabilty Programme, sees more fiscal space in coming years
EconomyProgrammeservices at 7.5 percent of GDP. According to the relevant regulation, the macroeconomic forecasts on which
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EC spring forecast sees growth of 2.2 pct in 2019, 2020 but warns of hampered public investments
EconomyMacroeconomy, allowing Greece to increase its world market share for goods and services. Exports growth
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Lenders highlight risks of 'short-term popular' measures unveiled by government
EconomyProgrammecontinue to overpay for services. Taxi prices, for example, rose 17 percent during 2010-16, despite
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General govt primary cash surplus at 1.98 bln in March, arrears rise by 62 mln
EconomyMacroeconomy(-319 million) and purchases of goods and services (-103 million euros). Arrears Arrears
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April hirings balance positive by 110,895, aggregate balance highest on record
EconomyMacroeconomy, the three highest positive balances were noted in accommodation (+61,270), catering services (+23,482
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General govt primary cash surplus at 1.68 bln in April, arrears rise by 164 mln
EconomyMacroeconomy) and compensation (+122 million). A rise of 91 million euros was seen in the purchase of goods and services
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Newsletter 210 -07/06/2019
a 0.5 percent rise in April. Additionally, the goods’ and services’ indices rose by 0.3 and 0.1 percent
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May employment balance positive by 105,282 as seasonal hires pick up
EconomyMacroeconomypositive balances were noted in accommodation (+48,147), catering services (+26,581) and wholesale
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Greek graduates still unequipped for job market, study suggests
Societyin developing new products and services, difficulties in introducing new work practices and loss
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