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Budget continues to perform strongly in July as VAT beats target by over 1 bln
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Energy propels rise of 19.6% YoY in June industrial turnover
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Current account deficit improves in June, rises to 9.54 bln in first half of year
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Central govt debt rises to 402.64 bln in Q2 on back of repos and bonds increases
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Greece extends debt prepayment strategy with first repayment of EFSF loans
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Primary balance at 5.73 bln up to July as RRF-related spending revs up
Bank credit eases 1.6 pct in August on slightly accelerating negative flow
Following a deceleration in the preceding four months, Greek bank credit contraction resumed a slightly accelerating trend at 1.6 percent in August from 1.5 percent in July, Bank of Greece (BoG) figures showed on Friday.
Loans to sole proprietors fell by 0.6 percent in August to 13.5 billion euros with the lending flow remaining negative for the second straight month at around 20 million. Since the beginning of the year, net deductions in this segment reached 77 million...
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