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Taxes continues to drive budget outperformance in September
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Energy drives 13.8% YoY jump in August import prices
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Car sales bounce back with 1.2% YoY rise in September
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Draft budget for 2027 centred on strong surplus, selective support measures
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Industrial production jumps 5.8% YoY in Aug, led by electricity supply
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CPI accelerates to 5% YoY in Sep as energy dominates
Lost decades for Greek incomes tell different story to recovery narrative
The final 2026 budget submitted to Parliament in November reaffirmed Greece’s strong fiscal performance and the sustained trajectory of declining debt. This was followed by the completion of the year’s rating review cycle, with Fitch upgrading the country by one notch. Yet the government now faces realities on the ground: fresh data has once again highlighted the challenges confronting Greek households - an issue with significant political implications.
Eurostat published last week the latest index of per capita real disposable household income. Italy and Greece are the only countries where per capita income has not grown over the past 20 years. Between 2004 and 2024, Greece ranks at the bottom of the ...
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