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Jan primary surplus beats target due to 1.7-bln-euro underspend
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Travel receipts for 2025 break new record at 23.63 bln as visitors approach 38 mln
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Despite strong close in Dec, industrial turnover up by just 0.3 pct YoY in 2025
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Despite sharp increase in Dec, current account deficit improves markedly in 2025 to 14.11 bln
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Central government debt rises to 406.18 bln in Q4 as repos increase
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Jan primary surplus at 3.5 bln as underspend continues into 2026
PBO sees 2024 growth of 2.5 pct hinging on RRF and investments
The Parliamentary Budget Office (PBO) published on Monday its latest quarterly report in which it is broadly positive about the prospects of the Greek economy in 2024, though it does flag up concerns about the effects of persistent inflation, the implications of the latest minimum wage rise and the critical role of the RRF for growth forecasts to materialise.
The PBO states that last year’s growth of 2 pct captures the last couple of quarters of slowdown in economic activity, notably the underperforming fixed investments outcome, which fell by 5.7 pct year-on-year (YoY) in Q4, leading to a moderate rise in c...
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