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Budget balance up to May well above target as VAT brings in 650 mln more than planned
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BoG reports sees resilience in Greek economy, urges focus on further reforms
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Greece faces prolonged price pressures despite US–Iran deal
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Strong arrivals push travel balance up 58.5 pct by April
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Energy continues to lead industrial turnover growth of 23% YoY in April
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Current account deficit narrows to 1.39 bln in Apr, travel receipts show resilience
No signs of credit revival in Sept., balances at 221 bln
Credit contraction in the Greek market remained unchanged from the previous month at 3.9 percent year on year (yoy) in September with balances reaching 221.0 billion euros, according to the Bank of Greece.
Loan balances eased 0.4 percent month on month (mom) for the sixth consecutive month on decreased net deductions at 568 million in September from 823 million in August. September’s negative flow reflects corporate and household lending net deductions at...
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