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Greece braces for major inflation shock as Middle East standoff continues
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April primary surplus beats target thanks to improved taxes and contained spending
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Energy pushes import prices up by 11.4 pct YoY in Mar, highest since Dec 2022
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Car sales drop 4.6 pct YoY in Apr, up 3.3 pct in 4M
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Iran war begins to bite as costs rise and confidence falls
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Electricity supply pushes industrial production up 8.3 pct YoY in March
PBO sees just 2.7% growth this year, warns about private debt
Parliament’s Budget Office (PBO) published on Tuesday its report for the fourth quarter of 2020, also updating its macro estimates for 2021.
Following the extension of the lockdown into the full first quarter of 2021 and delays in the rollout of vaccinations across Europe, there are significant risks to economic activity. According to the PBO, this will lead to subdued growth of 2.7 pct for ...
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