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Vehicles licences jump by 36.3 pct in Apr thanks to strongest car sales since 2010 -
Primary balance at 3.25 bln in Apr, above target thanks to favourable timing -
EC makes minor adjustment to growth forecast, at 2.2 pct for 2024 -
Import price index up by 1.3 pct YoY in Mar for first rise in 13 months -
CPI at 3.1 pct in Apr as food inflation refuses to drop -
Industrial production records first contraction since Aug 2023, down 0.6 pct in Mar
Stournaras outlines conditions for strong 2017 growth, calls for debt relief measures soon
Speaking at the congress of the Association of Greek Tourism Enterprises (SETE) on Monday, the Bank of Greece (BoG) governor Yannis Stournaras repeated his belief that the domestic economic will start recovering in the second half of this year.
Stournaras stressed that if Greek debt is deemed unsustainable, then the anticipated market access in 2018 will not be feasible, adding that discussions on debt relief measures “should start now and be concluded as soon as possible.”
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