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VAT continues to drive budget performance in Sep, at 1.4 bln euros above target
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Greece heads for another record tourism season after strong August receipts
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Energy and capital goods drive 17.8% YoY rise in industrial turnover for Aug
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Strong fiscal performance meets hard spending limits
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Taxes continues to drive budget outperformance in September
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Energy drives 13.8% YoY jump in August import prices
Greek time deposit rate falls to 1.82 pct in Dec, lowest during euro membership
The interest rate on households’ new time deposits continued heading south for the ninth straight month in December, when it fell by 6 basis points (bps) to 1.82 percent, according to the Bank of Greece (BoG).
The December rate indicates a new historic low during Greece’s euro membership. For the whole year the time deposit rate recorded a drop of 100 bps on the end-2013 figure of 2.82 percent.
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