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Despite disposable income rise in Q4, saving rate negative for five quarters in a row
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Greece unveils new batch of cost-of-living measures after robust 2025 fiscal results
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Tourism season starts strongly in Feb with receipts up 70.7 pct in first two months
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Manufacturing drives industrial turnover decline of 4.6 pct YoY in Feb
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Hiring balance stays negative in Jan as new hires drop YoY
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Car sales rise strongly in March, up 6.4 pct YoY in Q1
Better income account helps squeeze Greek C/A deficit in January
Greece's January current account (C/A) deficit narrowed moderately to 295 million euros from 314 million last year, according to the Bank of Greece (BoG).
The 6.1 percent year on year (YoY) drop primarily reflects an improvement in the income account by 149 million more than offsetting a widening of the trade deficit by 105 million. The latter is attributable to the higher net oil import bill.
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