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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
IOBE think-tank sees recession of up to 2.5 pct this year, milder in 2016
Greece is expected to experience a significant recession this year and a milder one next year, while unemployment may edge up this year, according to the latest report on the Greek economy published Foundation for Economic and Industrial Research (IOBE).
Commenting on the recent agreement with the eurozone, the report notes there are a lot of positive elements that should ensure broad domestic support.
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