Tuesday Jul 22, 2014 Search
Weather | Athens
29o C
22o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Fiscal balance requires growth

Despite the stability which has been achieved on the fiscal front in Greece and in the country’s current accounts, the risk that the economy will fail to secure sustainable and robust growth rates remains, according to a study on the reforms that have not been implemented.

The report, compiled by the Foundation for Economic and Industrial Research (IOBE) and the Boston Consulting Group (BCG), which was presented on Tuesday in Athens, argued that a strong potential for substantial reforms has not been consolidated in Greece.

IOBE general director Nikos Vettas stressed that the economy’s competitiveness has improved by «taking the easy way, not the hard and long road,» in recent years, pointing to the decline in labor costs and the reduction of the trade deficit via sliding imports.

ekathimerini.com , Tuesday May 20, 2014 (22:26)  
BoG rejects single bad bank
PPC rate hikes to apply as of this Friday
Fage to increase strained yogurt production at its New York plant
Crete is most the popular Greek island
Piraeus prosecutor investigating use of funds for building renovation
A Piraeus prosecutor has launched an investigation into the alleged misappropriation of state funding by the Piraeus Society, one of Greece's oldest sports clubs, for the renovation of its h...
Greeks getting better at recycling, though still Europe´s laggards
Greeks are getting better at sorting their trash and recycling, a recent study by environmental group WWF Greece has found, though they are still Europe's laggards. In 2007, only 58 percent ...
Inside News
TRACK & FIELD
Pole vault record on same day as three doping cases
Greek track and field had a mixed weekend, as on the same day as Katerina Stefanidi matched the national record in pole vault as well as the leading result in Europe so far this season, thre...
SOCCER
Standard Liege on Panathinaikos’s way
The draw for the third qualifying round of the Champions League on Friday has put Belgian league runner-up Standard Liege on Panathinaikos’s way to the competition’s play-offs, meaning the G...
Inside Sports
COMMENTARY
Unequal after death
The dead are dead and the slain are slain, whether they are Malaysian, Dutch, Palestinian or Israeli, whether they are the innocent victims of a civilian plane that is shot down (we still do...
EDITORIAL
Chinese investment
The relationship between Greece and China has become one of major strategic importance. Beijing threw its support behind Athens during a period when the country was going through particularl...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Piraeus prosecutor investigating use of funds for building renovation
2. Greeks getting better at recycling, though still Europe´s laggards
3. Ministers asked to sign off on prior actions so 1-bln-euro tranche can be secured
4. Athens seeks EU aid for migration
5. SYRIZA MEP to raise German war ‘debts’ at Euro Parliament
6. Girl, 9, in serious condition after being hit by car in Crete
more news
Today
This Week
1. Unequal after death
2. Chinese investment
3. Greeks getting better at recycling, though still Europe's laggards
4. Piraeus prosecutor investigating use of funds for building renovation
5. Climber dies in Mount Olympus fall
6. Retail chief unimpressed by results of Sunday opening
Today
This Week
1. China and Greece agree to further cooperation in transportation, infrastructure
2. Ex-Credit Suisse banker taps lesson for Greek rebound
3. Pay-TV booms as cash-strapped Greeks shun depressing news shows
4. The cost of excellence
5. Greece seen in third bailout as bonds not enough, economists say
6. Summer storms cause problems in Thessaloniki, spread across the country
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.