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Business loans and consumer credit drive 6% YoY expansion in September
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Corporations raise private sector deposits to highest level since March 2010
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Building activity contracts by 8.3% YoY in July
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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
General government primary cash surplus substantially widens to 5.3 bln by September, arrears edge down to 6.2 bln
Greece’s general government (gg) primary cash surplus notably widened by 2.89 billion to 5.33 billion in the 9-month period of 2016 from 2.44 billion a year ago, the Finance Ministry (MoF) gg bulletin displayed on Wednesday.
The substantial improvement is mostly attributed to a remarkable expansion of the extrabudgetary funds’ surplus by 1.8 billion to 2.5 billion, while social security funds (SSFs) balance turned to a surplus of 923 million from deficit of 225 million last...
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