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Wages index hits record high YoY rise of 7.9 pct in Q4 2025
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Budget primary surplus at 3 bln in Feb as tax performance moderates
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Energy keeps import prices in contraction for Jan with 4.6 pct YoY drop
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Car sales rise by 4.9 pct YoY in Feb
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Electricity and manufacturing drive 5.3 pct YoY rise in industrial production for Jan
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Fuels at forefront of sharp drop in exports in Jan, trade deficit at 2.81 bln
Incorporating impact of Ukraine war, EC revises growth forecast down to 3.5 pct
In its spring forecasts, published on Monday, the European Commission incorporated the impact of the conflict in Ukraine on the growth outlook for the eurozone, with the Greek growth rate for this year now revised down to 3.5 pct, from the 4.9 pct included in the winter forecast published in February.
Although the inflationary pressures will weigh on real disposable income for households, the full recovery of tourism will offset this impact, leading to more subdued but solid growth in 2022.
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