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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
OECD sees growth stable at 2 pct this year, urges reforms and fiscal discipline
In its latest economic outlook, the OECD is slightly more optimistic about Greece’s growth prospects, although – like other international organisations – it warns that there is no room for complacency as the economy’s structural challenges need to be addressed and the public spending the economy requires will lose the boost it had received from the RRF when the scheme concludes in 2026.
The OECD upped its 2024 growth forecast to 2 pct, from 1.6 pct in the previous estimate, although this revision does not come from higher investments but more robust private consumption spending, which is now seen rising by 1.7 pct this year, from 1 pct...
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