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Jan primary surplus beats target due to 1.7-bln-euro underspend
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Travel receipts for 2025 break new record at 23.63 bln as visitors approach 38 mln
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Despite strong close in Dec, industrial turnover up by just 0.3 pct YoY in 2025
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Despite sharp increase in Dec, current account deficit improves markedly in 2025 to 14.11 bln
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Central government debt rises to 406.18 bln in Q4 as repos increase
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Jan primary surplus at 3.5 bln as underspend continues into 2026
Spotlight on challenges to labour productivity growth
Labour productivity has been an ongoing challenge for the Greek economy even before the 2010 debt crisis and is set to become more prominent from 2028 as it will be one of the components of the formula that will determine the minimum wage.
The current consultation process, which has essentially been grandfathered from the adjustment programmes, will be replaced by a mathematical calculation that will be based on inflation for the most vulnerable households, the 20 pct of the lowest income...
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