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Car market still buoyant as sales rise by 2.8 pct YoY in July
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Mining drives growth of 0.5 pct YoY in industrial production for June
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CPI accelerates to 3.1 pct YoY in July, rents up 11.3 pct
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Trade deficit rises sharply in June as exports continue to fall
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PMI falls to 51.7 in July, level of optimism drops to lowest in a year
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Easter timing pushes retail sales down markedly in May with -4.4 pct YoY fall
Capital controls eased, allowing larger withdrawals and doubling limit on business transfers abroad
Greece’s Finance Ministry (MoF) announced on Thursday that the capital controls introduced in the summer of 2015 will be further relaxed from Monday as part of an effort to fully abolish them not long after the end of the programme.
The conditions for withdrawals and transfers will be amended from June 4, starting with the monthly amount that Greeks will be allowed to withdraw from their bank accounts. This will increase from 2,300 to 5,000 euros. This is applicable per calendar mo...
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