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General government primary cash surplus grows to 4 bln by end-July, arrears fall to 6.9 blnzzzz
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Bank credit contracts by 1.6 pct in Oct on loan deductions of 308 mln
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Deposits rise to 124.6 bln in Oct on inflows of 1 bln
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OECD expects Greek economy to recover, stresses need for structural reforms and debt relief
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Eurosystem funding falls by another 4.4 bln in August
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Who pays property tax and how much revealed by Greek authorities
Parliament's budget office warns government to move quickly
In its latest quarterly report published on Friday, the Parliamentary Budget Office (PBO) urged the new Greek government to move fast in order to reverse the negative climate created by snap elections and the failure of the previous administration to reach an agreement with the troika.
The PBO underlines that despite the 2014 primary surplus, the new government starts from a worse position than had been expected last year. Commenting on the funding needs in the coming months, the report notes that it appears impossible for Greece to c...
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