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The 2017 budget may cause recession

The government’s 2017 state budget has a “strongly recessionary character” although the effects might be somewhat offset by a change in economic climate if the program review is completed, the parliamentary budget office said on Wednesday in its report on the draft submitted by the government.
The draft budget is currently being discussed at the parliament’s economic committee. 

  • Published in Greece

Parliamentary Budget Office dampens enthusiasm

A report by Greece’s Parliamentary Budget Office for the first quarter of 2014 contests the key points of the country’s economic “success story”, putting a cap on the government's optimism.

  • Published in Greece
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