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Credit growth stable at 7.4 pct YoY in March, led by business loans
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Deposits rise by 2.13 bln in March, up to 209.75 bln
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Economic sentiment slides further in April, consumer confidence lowest in four years
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Unemployment rate continues to rise in March, reaching 9 pct
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Building activity starts 2026 strongly with 15.4 pct YoY rise in Jan
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Primary surplus at 4.37 bln up to March thanks to deferred spending, VAT intakes
Fiscal Council optimistic on 2016 target, sees next year’s goals as feasible
The Greek Fiscal Council published on Tuesday its first semi-annually report on fiscal and macroeconomic developments, presenting its views on the 2017 draft budget and whether targets will be met this year and next.
A more detailed macro and fiscal outlook will be available after the completion of the second programme review and the tabling of the Medium-Term Fiscal Strategy (MTFS), the report notes.
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