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RRF promise fades as growth outlook weakens
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Trade deficit drops sharply in Oct, down 6 pct in 10M
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Consumption and investments drive Q3 GDP growth of 2 pct YoY
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Quarterly unemployment eases to 8.2 pct in Q3, lowest since end-2008
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OECD sees sustained growth of 2.2 pct in 2026, challenges persisting
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Unemployment stable at 8.6 pct in Oct
BoG sees sustained growth and progress, but challenges require policy drive
The Bank of Greece published on Friday the latest interim monetary policy report where, as is common practice, the central bank notes the positive developments in the Greek economy while it highlights specific areas where policy will need to address weaknesses to Greece’s economic outlook.
Greece experienced a 2.3 pct GDP growth year-on-year in the first nine months of 2024, primarily fuelled by domestic demand, rising household incomes, and increased investment. Exports of services performed well, but net trade contributions were slightl...
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