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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
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Underspend and rising tax revenues push primary surplus to 4.39 bln by March
General govt balance deteriorates due to deficits of state and social security funds
Greece’s general government (gg) deficit came to 9.36 billion euros in the first seven months of the year, compared with a deficit of 5.96 billion euros in the same period of 2020, according to the Finance Ministry’s (MoF) latest monthly gg bulletin.
In the underlying subcategories, the state budget deficit up to July was 9.09 billion euros, compared to 7.3 billion euros last year. Extrabudgetary central government balance had a surplus of 844 million, from 1.68 billion euros last year.
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