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Primary surplus at 4.37 bln up to March thanks to deferred spending, VAT intakes
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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
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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