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Primary balance at 5.73 bln up to July as RRF-related spending revs up
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Import prices rise moderates to 6.9% YoY in June as energy continues to dominate
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Car sales slowed in July as drop in new vehicle sales prompts 3.9% YoY fall
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Industrial Production slows to 1.1% YoY in June as only manufacturing grows
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Trade deficit continues to drop, falling by 5% in H1
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CPI slows to 3.4% YoY in July as energy effects moderate
Greece extends debt prepayment strategy with first repayment of EFSF loans
Greece announced this week that it intends to continue the debt prepayment strategy that the Public Debt Management Agency (PDMA) has employed since 2019, with another prepayment of 4.7 billion euros to take place before the end of the year.
The payment will cover 2.5 billion of loans from the EFSF and 2.2 billion of a bond held by Greek banks that matures next year. The EFSF amount covers payments due in 2027 and 2028.
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