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Oct budget execution data affirms strong revenue performance
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Property prices continue to climb in Q3, reaching record high
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Travel receipts drop by 3.6 pct YoY in Sep, but still on course for record year
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Final 2026 budget foresees stable growth and strong tax performance
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Industrial turnover jumps by 13.4 pct YoY in Sep for first rise since Jan
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Current account deficit improves significantly in 9M, falling to 7 bln
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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