Πρόσφατες μακροοικονομικές εξελίξεις - 23 Μαΐου 2011
Greece Focus Notes
23 Μαΐου 2011
• Possibility of future adjustments in Greece’s fiscal programme discussed at the May 16th-17th Eurogroup/Ecofin meetings; final agreement still pending • ECB strongly opposes option of voluntary “reprofiling” of Greek debt • Greece’s latest 13-week T-bill auction was well received • Greek real GDP up by 0.8% QoQ in Q1:2011, halting a nine-month string of negative growth • Year-to-April underperformance of budget revenue target remains a source of concern