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Q1 disposable income up 3.2% YoY, saving rate negative for six straight quarters
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CPI decelerates to 4.4% YoY in June, housing costs up 10.6%
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Scope leaves 'BBB' rating unchanged, outlook remains positive
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Moody's keeps rating unchanged at 'Baa3' and outlook stable
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DBRS leaves rating unchanged at 'BBB', cautions about risks and challenges
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EU–Mercosur deal promises gains for industry, risks for agriculture
IMF urges caution on public finances
The IMF concluded last week its latest Article IV consultation for Greece with the mission drawing attention to the fiscal policy commitments Greek authorities face from this year, while noting progress in some areas.
Following the assessment, which took place March 17-31, the Fund notes that Greece managed to weather the pandemic, thanks to a strong fiscal response, supportive monetary policy and sizable EU support.
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