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Electricity and manufacturing drive 5.3 pct YoY rise in industrial production for Jan
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Fuels at forefront of sharp drop in exports in Jan, trade deficit at 2.81 bln
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CPI picks up in Feb, rising to 2.7 pct YoY as food prices climb again
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Quarterly unemployment stable at 8.3 pct in Q4 as labour market continues to improve
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GDP grew by 0.8 pct QoQ in Q4, 2025 real growth at 2.1 pct
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Unemployment rate broadly stable at 7.7 pct in Jan
Several obstacles on narrow fiscal path to new tax cuts
The Greek government finds itself under severe pressure following mass protests across the country in relation to the Tempe crash nearly two years ago. It should be considered a given that once the dust settles it will attempt to change the sentiment with some voter-friendly initiatives and its tried and tested approach of leaning towards the middle class with pledges of lowering the tax burden.
Since the turn of the year government officials have been briefing that the Finance Ministry is working on changes to the tax regime, with a focus on lowering the tax burden for annual incomes between 20,000 and 50,000 euros.
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