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Draft budget sees growth picking up in 2024, strong revenues driving primary surplus to 2.1 pct of GDP
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Unemployment rate remains lodged near 11 pct after no change in Aug
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Weak demand and adverse weather reflected in Sep PMI, barely in expansion territory
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Monthly rise of 3 pct for producer price index in Aug prompts cost concerns
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Retail sales grow by 3.1 pct in Jul, as food sales continue to contract
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Consumer confidence takes 10-point dive in September
Loans grow by 6.3 pct in Dec, highest since 2009
Credit movement in the Greek private sector accelerated in December, rising by 6.3 percent year-on-year (YoY), from 5 percent in November, and 5.3 percent in October, Bank of Greece (BoG) figures released on Friday showed.
After a recent peak of 3.7 percent growth in February 2021, credit expansions slowed down in following months before resuming an upwards trend at the end of 2021. The latest high was 6 percent in September 2022 and December’s growth is the highest since...
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