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Industrial production accelerates to 3.9% YoY in May, led by electricity supply
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Fuels continue to propel drop in trade deficit as May sees 15.7% YoY decline
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Pension policy U-turn highlights government’s election concerns
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Jobs in tourism push May hiring balance upwards
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PBO sees resilience in economy, revises growth outlook slightly down
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Unemployment slides to 8.1% in May as male and youth rates improve
October C/A deficit drops to 351 mln, down 39.1 pct over year
Greece's October current account (C/A) balance showed the deficit shrinking to 351 million euros from 577 million last year, according to the Bank of Greece (BoG).
The 39.1 percent year on year (yoy) drop mainly reflects an increase in the services surplus by 167 million euros, owing to higher net travel receipts, and an improvement in the balance of current transfers by 84 million.
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