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Unemployment stays at 11.2 pct in Apr, youth jobless down by 5 points at 27.4 pct
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Manufacturing grows in May, but at slowest pace in last four months
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March sees first retail sales fall for two years, volumes show consumption diving
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Credit growth slows to 3.9 pct in Apr, flow negative at 789 mln
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Private sector deposits almost unchanged in Apr, household savings up by 1.13 bln
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Producer prices record back-to-back decline in Apr as energy falls by 24.4 pct YoY
Despite downward revision, IMF sees Greece growing by 1.8 pct in 2023
Amidst gloomy global economic prospects, which led to significant growth revisions in the World Economic Outlook that was published yesterday as part of the annual meetings of the IMF and World Bank, the Fund offered a small glimpse of hope to the Greek authorities for the challenging year ahead.
The IMF cut the growth estimate for the eurozone by half to 0.5 pct for next year, from 1.2 pct seen in the previous estimate in July and the eurozone’s engine Germany is now seen in a small contraction of 0.3 pct, from growth of 0.8 pct in the July for...
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