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  1. Greek Parliament's budget office questions primary surplus sustainability
    Photo by MacroPolis

    EconomyMacroeconomy

    In its latest quarterly report released on Friday, the Greek Parliamentary Budget Office (PBO) argues that despite significant achievements in 2014, the Greek economy still has a long way to go to overcome the obstacles in its path. The PBO notes the ratification of Greece's primary surplus in 2013

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  2. Parliament's budget office sees Greek recovery finely poised

    EconomyMacroeconomy

    In its latest quarterly report published on Monday, the Parliamentary Budget Office (PBO) argues that the Greek economy could grow by more than expected this year but that a series of concerns, including bank stress tests, unpaid taxes, lack of structural reforms and stagnant exports could yet

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  3. Greece's Parliament Budget Office sees lack of post-bailout plan

    EconomyMacroeconomy

    In its latest quarterly report published on Wednesday, Greece’s Parliamentary Budget Office (PBO) set out its concerns about the country’s preparedness for exiting the troika Memorandum of Understanding (MoU). The PBO notes that, as part of the ongoing review, the government is negotiating if, how

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  4. Parliament's budget office rings alarm bell on economic prospects

    EconomyMacroeconomy

    The Greek economy deteriorated in the first half of 2015 and the country has entered again into a recessionary trajectory, according to the quarterly report of the Parliamentary Budget Office (PBO). The key rationale lies with the uncertainty that stemmed from the extended deposit outflows

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  5. Parliament's budget office sees risks and rewards in third bailout
    Photo by MacroPolis

    EconomyMacroeconomy

    The elimination of uncertainty related to economic policy and the implementation of reforms and privatisations is a key condition for faster and sustainable economic recovery, the quarterly report of the Parliamentary Budget Office (PBO) stresses. The issues that have emerged from

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  6. Parliament's budget office stresses need for reform, protecting growth prospects

    EconomyMacroeconomy

    The need for adjustment to return to growth and the importance of implementing are among the key highlights of the quarterly report of the Parliamentary Budget Office (PBO). The third memorandum of understanding (MoU) voted by a wide majority in Parliament has provided a common base

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  7. Parliament's budget office highlights economic challenges beyond bailout

    EconomyMacroeconomy

    The economic challenges that Greece faces should it conclude the first bailout review with the institutions are outlined in the latest quarterly report of the Parliamentary Budget Office (PBO). The report notes that based on the latest available information, the negotiations with the institutions

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  8. Parliament's budget office sees risks to economic recovery
    Photo via Flickr https://flic.kr/p/7sxCd6

    EconomyMacroeconomy

    In its latest quarterly report, the Parliamentary Budget Office (PBO) calls for swift and consistent implementation of the third bailout programme since it concludes there is no alternative route to economic growth. On the labour market reforms that are part of the second programme review

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  9. IMF’s independent evaluation office identifies mistakes and challenges in Greece’s first programme
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyProgramme

    The IMF published on Thursday afternoon a report on the key findings and lessons from the IMF’s engagement in the Irish and Portuguese programmes and the first Greek programme. The report, by the IMF’s Independent Evaluation Office (IEO), concludes with a number of recommendations on improving

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  10. Parliament's budget office sees obstacles to recovery, warns on private debt

    EconomyMacroeconomy

    In its quarterly report published on Monday, the Parliamentary Budget Office (PBO) notes that the macroeconomic developments in Greece in the third quarter (Q3) sent mixed signals. In particular, the recession is continuing, while a drop in the Q2 unemployment rate is mostly attributed

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