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Credit to corporations drives loans growth for 7.9 pct YoY in Dec
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Private sector deposits end 2025 at highest level since summer 2010
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Energy drives drop of 2.1 pct YoY in producer prices at close of 2025
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Retail sales growth slows to 1.7 pct YoY in Nov on back of sharp drop in fuel transactions
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Unemployment rate down to 7.5 pct in Dec, lowest since Nov 2008
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Building activity on the mend with 13.5 pct YoY rise in Oct
Reports raise questions about some economic policy decisions
Two reports published last week – the Bank of Greece’s monetary policy report and the quarterly report of the Parliamentary Budget Office - highlighted issues that have placed the government under pressure from the opposition parties over the last few months and raise questions about some of the policy decisions taken by the ruling conservatives.
The Bank of Greece (BoG) sees a sustained and rather stable growth path in the short-term, with the estimate for this year at 2.2 pct, then 2.5 pct in 2025 and 2.3 pct in the following year.
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