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Building activity slows in April with 4.2% YoY rise
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Business loans drive 7.7% YoY credit growth in June
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Corporate inflows in June push deposits to highest point since April 2010
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VAT and underspend drive budget outperformance in first six months
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Tourism shows resilience despite geopolitical uncertainty as May arrivals and revenues rise
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Record travel receipts and narrower trade deficit reflected in current account up to May
Sudden spurt for Greek exports, which rose by 11.3 pct in June
The rate of change in Greece’s exports turned positive showing an increase of 11.3 percent in June following a drop of 7.5 percent in May, according to the flash estimates released by Hellenic Statistical Authority (ELSTAT) on Thursday.
Nevertheless, since 8 of the last 12 YoY readings were negative, the trailing index indicates a decline of 5.3 percent over the past 12 months.
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