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IMF sees 2024 growth at 2 pct, debt on downward trend due to high primary surpluses -
Government tones down fiscal pledges as tighter framework starts to bite -
Budget outperforms in Mar, delivers 2.95 bln primary surplus thanks to strong tax collection -
Import price drop slows further to 2.8 pct in Feb -
Car sales contract in March, up 4 pct YoY in Q1 -
Industrial Production growth slows to 1.6 pct YoY in Feb as electricity supply drops
Credit contraction slows to 1.3 pct in Sept, balance at 176.83 bln
Credit contraction in the Greek market came to 1.3 percent in September compared to a contraction of 1.5 percent in August, Bank of Greece (BoG) figures showed on Thursday.
The Greek market has been experiencing a contraction for the last six years, with the loan balance down by over 31 percent on the back of continued deleveraging. Net deductions since 2011 have reached around 44 billion euros.
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