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Brussels flags downside risks for Greece as conflict‑driven inflation surges
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Strong Q1 for tourism as receipts rise by 64 pct YoY
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Timing factors and contained spending keep primary balance 2.89 bln above target in April
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Current account deficit at 2.34 bln in Mar, up to 6.96 bln in Q1
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EC forecasts slower growth, higher inflation as energy shock strikes
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Refined oil products propel 27.4 pct YoY rise in March industrial turnover
Central govt debt drops to 405.54 bln in Q1, bonds rise by 3bln
Greece’s central government debt recorded a drop of roughly 1 billion euros to 405.54 billion euros in Q1 2024, the Finance Ministry's (MoF) debt bulletin showed on Monday.
The Q1 debt movements reflect a drop of nearly 2.5 billion euros in repos and lower Financial Stability Mechanism (FSM) loans by 1.4 billion, partially offset by almost 3 billion euros of more bonds.
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