Economic stagnation

Business in the Euro Area with the Lowest Growth Since 2014

Eurozone business growth is at its lowest level since 2014, driven by stagnation in France and a slowdown in Germany, according to recent reports, quoted by

In the shadow of political risks such as Brexit and weaker global growth, the eurozone is struggling to keep its economy healthy, according to a study by IHS Markit.

Gov't receives triple warning

The Hellenic Fiscal Council and the Hellenic Federation of Enterprises (SEV) warned the government on Wednesday about the threat of stagnation in the economy without the implementation of reforms, along with the threat of fiscal problems in the future from state-guaranteed loans.

Greek economy seen surging this year, but not as much as government, creditors say

Greece's economy will accelerate at a far faster rate this year than last, ending an eight-year nightmare of recession or stagnation but still performing less well than the government and its creditors project, the IOBE think tank said on Thursday.

Greek prices drop for 27th month

Greek consumer prices fell 2.1 percent year-on-year in May, with the annual pace of deflation unchanged from the previous month, data from the country?s statistics service showed on Wednesday.

Greece?s European Union-harmonized deflation rate slowed, showing prices fell by 1.4 percent in May from a 1.8 percent decline in April.