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Budget continues to outperform in Nov as taxes beat target by 334 mln
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Government’s growth ambitions meet RRF reality
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Disposable income rises in Q2, saving rate stays negative at -3 pct
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Wages index growth slows to 7.4 pct YoY in Q3
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Import prices contract again in Oct with 2.4 pct drop
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Subdued passenger car sales lead to overall drop of 1.6 pct in Nov
Revised 2021 budget sees bigger contraction, slower recovery and support of 31.4 bln euros
With Greece having completed two weeks of general lockdown and as Covid-19 data continued to cause alarm, Finance Minister Christos Staikouras tabled to Parliament on Friday the final 2021 budget, which was substantially revised from the draft document submitted at the start of October.
The impact and the ferocity of the second wave is reflected both on the macro and fiscal data for this year and next.
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