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Energy pushes import prices up by 11.4 pct YoY in Mar, highest since Dec 2022
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Car sales drop 4.6 pct YoY in Apr, up 3.3 pct in 4M
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Iran war begins to bite as costs rise and confidence falls
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Electricity supply pushes industrial production up 8.3 pct YoY in March
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Fitch leaves rating at 'BBB' and outlook unchanged, sees strong fiscal performance
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Trade deficit narrowed by 30.5 pct YoY in Mar, down 7.2 pct in Q1
Greece braces for price shockwaves from Iran amid weakening purchasing power
As the conflict in Iran shows no sign of easing, and with damage to energy infrastructure in the Middle East estimated to have reduced production capacity by roughly 30–40 percent - repairs that could take years to complete - it is becoming evident that the world will face unsettled energy markets and volatile prices for some time, even in the more benign scenario of a swift end to the war.
The Greek government is well aware that there is little room for inaction on support initiatives. It has already announced an initial package of €300 million in targeted handouts, including a subsidy on diesel at the pump and a digital fuel card that su...
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