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Energy drives import price drop of 2.1 pct YoY in July
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Wages grew by 8.7 pct YoY in Q2 thanks to strong seasonal hires
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Car sales record modest rise in August, up 3.3 pct YoY in 8M
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Electricity drags industrial production down by 0.5 pct YoY in July
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August CPI moderates sligthly to 2.9 pct YoY, rents climb by 10.9 pct
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Trade deficit growth slows to 4 pct YoY in July driven by oil and non-EU markets
MTFS forecasts growth of up to 6.2 pct in swift economic recovery from Covid
The Finance Ministry submitted to Parliament the latest Medium-Term Fiscal Strategy (MTFS) for the 2022-2025 period, during which a strong economic and fiscal recovery is anticipated following the damage inflicted by the pandemic.
The MTFS also outlines the extent of the fiscal cost the pandemic had on the Greek budget, with a total of 33 billion euros of support committed in 2020 and 2021 - 17.4 billion and 15.6 billion euros respectively.
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