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Moody’s forecasts a 2% GDP growth for Greece, maintains B3 ratings with positive outlook
Greece’s growth rate for GDP is forecast at 2%, Moody’s rating agency said late on Wednesday, maintaining the country’s rating at B3 with a positive outlook.
Greek state budget primary surplus up in Jan-June: Report on provisional budget execution data
The Greek state budget showed a primary surplus of 617 million euros in the January-June period, up from a budget target for a surplus of 465 million euros, but down from a surplus of 1.936 billion euros in the corresponding period last year.
Greece has completed all prior actions needed to conclude the fourth review, compliance report confirms
Greece has completed all prior actions needed to conclude the fourth and final review of the Greek programme, according to a compliance report posted by the Directorate General for Economic and Financial Affairs on Wednesday. This opens up the path for approving the disbursement of the final tranche of loans under the programme when euro […]
Non-performing loans falling in 2017 but banks need to review their plans, Bank of Greece reports
Non-performing loans fell in 2017, credit risk is down compared with previous quarters, but a further decline will depend on developments in the country’s macro-economic data, the Bank of Greece said in a report released on Thursday.
IMF revises estimates for Greek primary surplus upwards
WASHINGTON (ANA/ P. Kasfikis) The IMF has revised its forecasts for Greece’s primary surplus in 2017 and 2018. In its Fiscal Monitor report presented by the IMF’s Fiscal Affairs Director Vitor Gaspar, the Fund has improved its forecasts for the country’s primary surplus to 3.7 pct in 2017 and 2.9 pct in 2018, leading to […]
Greek economy showing “encouraging signs” (DBRS report)
Greece’s economic and financial adjustment process has been lengthy and arduous but encouraging signs are visible, DBRS Ratings Limited said in a report released on Tuesday, called “Greece’s Reforms, Continued Progress”.
Greece last in the EU28 social justice scale
Germany’s report of EU28 member states ranking on social justice places Greece last and warns that “the bailout package measures have aggravated existing social problems.”