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Credit to corporations contracts in July, bringing total loans down 1.27 bln MoM
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Greece digests EU-US trade deal amid mixed reaction
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Jump in corporate deposits takes balance to highest since Jan 2011
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Car registrations rise by 13.5 pct YoY in May to highest since 2010
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Finance Ministry seeks solutions to address growing housing problem
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Scope leaves rating at 'BBB' and outlook unchanged at stable
PBO draws attention to effects of climate crisis on public finances
The Parliamentary Budget Office (PBO) has published its quarterly report, in which it confirmed that - based on data for the first half of 2023 - the Greek economy is on course to reach its growth outlook, although natural disasters over the recent months have clouded the growth and fiscal outlook.
The PBO notes that inflation figures are on the decline, with HICP down to 3.5 pct in August and core inflation also down to 6 pct, from 7.2 pct in the previous month, though way off the ECB’s targets.
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