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Business loans drive credit growth of 10.7 pct in Sep
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Corporate deposits propel savings increase to 208 bln in Sep
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Despite recovery in previous three months, building permits down 9.9 pct YoY to July
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Strong VAT, income tax revenue and restrained spending drive strong primary surplus in Sep
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Travel receipts up by 10.5 pct YoY in Aug on back of 7.5 mln arrivals in
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Hiring balance improves by more than 18,000 jobs up to Aug
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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