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Primary surplus up to June at 4.48 bln as taxes continue to outperform, spending contained
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Energy continues to drive import prices as May sees 13.3% YoY rise
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New passenger cars push June sales to highest since 2010
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Industrial production accelerates to 3.9% YoY in May, led by electricity supply
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Fuels continue to propel drop in trade deficit as May sees 15.7% YoY decline
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Pension policy U-turn highlights government’s election concerns
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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