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> Economy

Eurobank: Economic recovery with employment growth and productivity

Analysts also estimate that "the increasing of investments, the improving of institutions and stable tax regime may lead to an increase in employment and labor productivity"

Newsroom August 22 02:58

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According to analysts of Eurobank the “Employment growth and increased labor productivity are the key components for the recovery of the Greek economy”. They claimed that by “increasing the investments, improving the institutions and stable tax regime may lead to an increase in employment and labor productivity.”

“The implementation of the 2014 Budget for the period of January-July of 2014 is satisfactory in accordance with the objectives of the Medium Term Fiscal Strategy of (MTFS) for 2015-18, but there is no room for relaxing despite the fact that revenue is marginally higher than the corresponding target and the primary balance is in surplus, even if we assume that the primary costs are equal to the target of MTFS for 2015-18 and not in the lower seven months of 2014, “they added.

 

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