Industrial turnover rises 17.7 pct YoY in Jan, but falls sharply MoM at home and abroad
Wages record back-to-back growth of 7.1 pct in Q4 2022
Budget primary balance beats target by 2.39 bln in Feb as taxes outperform
Unemployment edges up to 11.9 pct in Q4
Import prices stabilise at high levels in Jan with rise of 0.4 pct YoY
Car sales contract by 8.2 pct YoY in Feb amid drops for used passenger vehicles and lorries
Greece's fiscal path becoming clearer; sizeable adjustment lies ahead
After two years of fiscal relaxation across the eurozone thanks to the activation of the escape clause, allowing fiscal rules to be eased so governments could cushion the blow of the pandemic, Greece’s future fiscal path started to take shape over the last few days.
The country’s fiscal commitment was defined at the end of the third programme in 2018 and was incorporated into the Greek debt sustainability analysis (DSA) that was carried out by the European Commission soon afterwards.
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