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Budget balance up to May well above target as VAT brings in 650 mln more than planned
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BoG reports sees resilience in Greek economy, urges focus on further reforms
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Greece faces prolonged price pressures despite US–Iran deal
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Strong arrivals push travel balance up 58.5 pct by April
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Energy continues to lead industrial turnover growth of 23% YoY in April
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Current account deficit narrows to 1.39 bln in Apr, travel receipts show resilience
Further loss of manufacturing momentum in Aug, optimism at lowest since 2022
Greece’s Manufacturing PMI continued to moderate in August, dropping to 52.9 points, from 53.2 points in July, according to S&P Global data released on Monday.
The conditions in the Greek manufacturing sector have been improving since February 2023, however August’s reading is the weakest since December last year.
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