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Travel receipts rise by 8.8 pct YoY in June, arrivals drop marginally
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Central government debt rises to 403.2 bln in Q2, cash reserves near 42 bln
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Industrial turnover stable in June after marginal 0.1 pct YoY rise
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Oil balance and drop in exports pushes current account to 1.19 bln deficit in June
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Significantly contained spending pushes July primary surplus 4.36 bln above target
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Energy continues to drive import price drop as June records 4.7 pct YoY fall
Retail sales drop at faster pace of 5.2 pct in Sept
The turnover of Greece’s retail trade index fell at a faster pace by 5.2 percent in September following a drop by 3.8 percent in August, according to Hellenic Statistical Agency (ELSTAT) data published on Monday.
Since 2009, retail sales have decreased by 27.5 percent largely attributed to shrinking household disposable income (-32.1 percent) on the back of strict austerity measures leading to a sharp increase in unemployment, wage and pension cuts and rise in i...
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