Greek Economic Sentiment Indicator rises

The Foundation for Economic and Industrial Research (IOBE) announced that the Greek Economic Sentiment Indicator rose to 102.7 in November vs 102.2 in October and 99.3 in September, amid improving expectations in the retail trade and stable expectations in the industrial and services sectors, while consumer confidence increased slightly. 

The expectations that the economy will move into positive growth rates from now on drove the increase in the economic climate index.