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Budget balance up to May well above target as VAT brings in 650 mln more than planned
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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
Greek travel receipts up 10.3 pct in August as 2014 targets revised upwards
Greece's travel receipts grew by 10.3 percent in August from 14.4 percent in July, marking the third successive monthly increase, according to the Bank of Greece (BoG).
In absolute numbers, travel receipts stood at 3.18 billion euros in August from 2.88 billion last year. At the same time, travel payments rose at a much higher pace (+32.2 percent) to 205 million. As a result, the travel surplus advanced by 9 percent to...
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