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Energy drives import price drop of 3.2 pct YoY in Feb
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Industrial production growth slows to 1.8 pct YoY in Feb, led by manufacturing
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Unemployment edges up to 8.5 pct in Feb
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PMI stable in March as war starts affecting business and confidence
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Strong rise in food sales pushes 7 pct YoY increase in Jan retail
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Economic sentiment declines in March, consumer confidence at lowest since 2022
Budget exudes fiscal stability, but hints at political complications
Last week’s five-day debate on the 2025 budget concluded on Sunday without any complications for the government, and the economic plan is certainly in line with the Greek authorities’ narrative that stabilising the economy is one of the current administration’s strongest achievements.
This can be considered the first budget of stability since Mitsotakis assumed office, as the first full year of his term was quickly undermined by the pandemic, which was followed by the Ukraine conflict in early 2022, then the energy crisis and the inf...
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