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Import price index up by 1.3 pct YoY in Mar for first rise in 13 months -
CPI at 3.1 pct in Apr as food inflation refuses to drop -
Industrial production records first contraction since Aug 2023, down 0.6 pct in Mar -
Trade deficit narrows in Mar, but exports drop by worrying 11.7 pct -
OECD sees growth stable at 2 pct this year, urges reforms and fiscal discipline -
Jobless rate falls to 10.2 pct in Mar amid expectations for strong tourism
Lower yields for short- and long-term borrowing boost Athens
There was a promising start to May for Greece’s debt management agency (PDMA) as interest in its T-Bills rose and borrowing costs dropped in the two issues it auctioned successfully on May 2 and May 9 via 13- and 26-week notes respectively.
At the start of the month, it auctioned a 26-week T-bill for 875 million euros. It received total bids of 2.49 billion euros, including 392 million of non-competitive bids, taking the coverage ratio to 2.84. The total amount accepted was 1.14 billion eu...
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