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Credit growth stable at 7.4 pct YoY in March, led by business loans
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Deposits rise by 2.13 bln in March, up to 209.75 bln
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Economic sentiment slides further in April, consumer confidence lowest in four years
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Unemployment rate continues to rise in March, reaching 9 pct
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Building activity starts 2026 strongly with 15.4 pct YoY rise in Jan
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Primary surplus at 4.37 bln up to March thanks to deferred spending, VAT intakes
EC doubles 2023 growth forecast to 2.4 pct, affirms 2.5 pct of GDP primary surplus next year
The European Commission upped its outlook on Greece for this year in its latest forecast published on Monday. It now expects the Greek economy to grow by 2.4 pct in 2023, from 1.2 seen in the previous estimate in February.
Although growth is seen slowing significantly from the 5.9 pct recorded last year, this year’s performance will be supported by both domestic and external demand.
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