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BoG reports sees resilience in Greek economy, urges focus on further reforms
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Greece faces prolonged price pressures despite US–Iran deal
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Strong arrivals push travel balance up 58.5 pct by April
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Energy continues to lead industrial turnover growth of 23% YoY in April
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Current account deficit narrows to 1.39 bln in Apr, travel receipts show resilience
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Car sales remain strong, rising by 3.3% YoY up to May
Lending to corporations keeps annual credit growth steady at 7.4 pct in Feb
Credit expansion in the Greek private sector remained strong in February, rising by 7.4 percent year-on-year (YoY), from 7.6 percent the previous month, Bank of Greece (BoG) figures released on Thursday showed.
The net lending flow was positive by 1.26 billion euros after an outflow of 2.17 billion euros in January, with mostly inflows over the last few months.
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