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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
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Wages index maintains momentum with 6.7% YoY rise in Q1
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Budget continues to perform strongly with 3.64 bln surplus up to May
Greece faces prolonged price pressures despite US–Iran deal
The Greek authorities will have welcomed the MoU signed between the US and Iran as a first decisive step towards a lasting resolution of the conflict, although a 60‑day period remains in which outstanding issues must be resolved before a final deal is reached.
The government has seen inflation climb consistently since March, with Eurostat’s HICP rising from 2.9% in February to 4.9% in May, the latest figure released this week. ELSTAT’s national CPI stood at 5.2% in the same month, virtually unchanged from 5.4...
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