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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
Falling property FDI raises questions about housing market after Golden Visa rush
The latest data from the Bank of Greece (BoG) on non-residents investments in real estate underlined the effects that the Golden Visa scheme had on the Greek property market, largely contributing to the housing crisis which the government is now trying to tackle.
Data for Q2 this year showed that FDI in real estate continued to slide, dropping by 6.5 pct year-on-year (YoY), though it significantly slowed from the sharp fall of over 31 pct YoY that was recorded in Q1.
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