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Unemployment stable at 8.6 pct in Oct
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Lost decades for Greek incomes tell different story to recovery narrative
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PMI drops marginally in Nov amid declining export orders and rising input costs
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Fuels and food drive 0.7 pct YoY fall in Sept retail sales
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Deposits drop of 2.13 bln in Oct driven by businesses
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Credit growth slows to 7.8 pct YoY in Oct
OECD sees sustained growth of 2.2 pct in 2026, challenges persisting
The OECD published on Tuesday its latest economic outlook and is broadly in consensus with other organisations that monitor the Greek economy that the economy will sustain its growth path, though it will begin to moderate as EU resources will wind down next summer.
GDP growth is projected at 2.1 pct this year, at 2.2 pct in 2026, and 1.8 pct in 2027 as strong investment gradually moderates. The slowdown stems from the phase-out of Recovery and Resilience Facility (RRF) funding, though consumption will stay robust ...
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