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Travel receipts up by 10.5 pct YoY in Aug on back of 7.5 mln arrivals in
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Hiring balance improves by more than 18,000 jobs up to Aug
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Current account deficit improves significantly, reaching 6.62 bln up to Aug
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Industrial turnover continues to slide with 1 pct YoY drop in Aug
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IMF's latest macro and fiscal estimates reflect economic stability
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Tax collections and contained spending take primary surplus 4.15 bln above target in Sep
Fiscal data impressive but details suggest caution still required
The state of Greece’s public finances took prominence in the public debate when Eurostat and ELSTAT published the official data for the 2021 to 2024 period, with Greece presenting a sizable primary surplus of 11.4 billion euros, or 4.8 pct of GDP, while the general government budget was in a total surplus of 3.18 billion euros, or 1.3 pct of GDP.
The data at general government level includes the central government, local governments, and social security funds, all of which were in total surplus, with the central government at 3.18 billion euros, local governments at 2.05 billion euros and social...
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