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Output and new orders drop to lowest since Mar 2021, forcing PMI down by 2.7 pts
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Deposit rise of 1.3 bln in May led by corporates as household savings drop
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Economic sentiment drops by 3.7 pts in June as all components deteriorate
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Jan-May primary budget deficit contained at 1.49 bln on back of property tax, VAT intakes
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Seasonal jobs account for 7 in 10 hirings as balance nears 100,000 in May
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As restrictions drop away, Apr travel balance beats even pre-Covid levels
GDP rises by 0.5 pct in Q2 as signs of recovery emerge
Greece’s seasonally adjusted (SA) GDP grew by 0.5 percent quarter-on-quarter (QoQ) in the second quarter (Q2) of 2017, after an upwards revised increase of 0.5 percent in the previous quarter, the Hellenic Statistical Authority (ELSTAT) provisional estimates revealed on Friday.
ELSTAT decided to put flash estimates on hold for the time being due to methodology and data availability issues that led to significant revisions between flash and provisional releases.
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