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Tax collections and contained spending take primary surplus 4.15 bln above target in Sep
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Accelerated drop in energy drives import prices down by 2.4 pct YoY in Aug
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Government budgeting on a late RRF sprint
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New vehicles drive car sales up by 20.7 pct YoY in Sep
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Electricity pushes industrial production down by 2.9 pct YoY in Aug
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Drop in energy costs bring CPI down to 1.8 pct YoY in Sep
BoG stresses need to avoid putting investment grade at risk
In its latest financial stability report published on Thursday, the Bank of Greece highlights the progress achieved in domestic banking and notes the challenges that lie ahead for the sector and the Greek economy.
The BoG notes that key metrics in Greek banking improved considerably, led by the drop in the NPE stock and ratio, to 8.7 pct of loans in the end of 2022, assisted by the Hercules APS. That said, the issue remains more acute in Greece, compared to a Eur...
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