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Jobless rate falls to 10.2 pct in Mar amid expectations for strong tourism
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Manufacturing continues to expand in April, firms remain optimistic
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Stability Programme revises growth down to 2.5 pct as investment estimates prove too rosy
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As base effect wears off, producer prices fall by just 0.1 pct in Mar
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Retail sales and volumes show worrying signs, turnover down 3.8 pct in Feb
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Corporate taxation, underspend lead to 3 bln primary surplus in March
Fiscal data for 2023 indicates that 2.1 pct of GDP goal is within reach
In the context of the first Excessive Deficit Procedure (EDP) notification of 2024, the fiscal data for the 2020-2023 period was released by ELSTAT on Monday. The figures contained encouraging signals for the Greek authorities as the fiscal framework becomes tighter and Greece aims to achieve large primary surpluses in the coming period.
The latest data for 2023 shows that the general government deficit dropped to 3.51 billion euros, down from 5.14 billion euros in 2022.
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