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Government tones down fiscal pledges as tighter framework starts to bite -
Budget outperforms in Mar, delivers 2.95 bln primary surplus thanks to strong tax collection -
Import price drop slows further to 2.8 pct in Feb -
Car sales contract in March, up 4 pct YoY in Q1 -
Industrial Production growth slows to 1.6 pct YoY in Feb as electricity supply drops -
CPI accelerates again in March, rising by 3.2 pct YoY and 1.5 pct MoM
Time deposit rate slips 12 bps in Oct, average loan rate rises by 29 bps
After remaining almost flat in September, Greek households’ new time deposit rate fell by 12 basis points (bps) to 1.06 percent in October, Bank of Greece (BoG) data showed on Wednesday.
The October rate corresponds to a new low in the period since Greek joined the euro. The cumulative drop by 75 bps after the imposition of capital controls reflects the elimination of competition in the domestic market, since the core Greek banks that c...
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