Credit: Greek CB gov on the wires
- negative real GDP growth in H1
- NPL goals to be set from end of June
- Greek recession expected to bottom out
- refugee crisis ,slowdown in global growth and Brexit all affecting outlook
- positive review from lenders will contribute to a faster return of deposits in banking system
- wider use of plastic money in wake of capital controls is showing evidence of reducing formal economy
Love the irony of them blaming Brexit when Grexit is still on the agenda years after bailout talks first began.
On a more serious note PM Tsipras was out on the front foot earlier saying that if they don't get co-operation on the refugee issue then they won't rush to get the required bailout-dependent reforms approved.
Stournaras - Blame it on Brexit why dontcha!
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
