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Strong travel receipts in Jan, balance up 157.6 pct YoY
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Jan current account deficit at 1.29 bln, goods and services balances improve
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Industrial turnover falls sharply by 5.3 oct YoY at start of 2026
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Another solid year for property market as growth reaches 7.8 pct in 2025
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Wages index hits record high YoY rise of 7.9 pct in Q4 2025
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Budget primary surplus at 3 bln in Feb as tax performance moderates
PBO highlights budget, recovery risks in latest report
The quarterly report of Parliament’s Budget Office (PBO) raises some concerns on the budget front as developments over the last months have increased fiscal risks, although achieving the target of 3.5 percent of GDP for this year remains feasible.
More specifically, when applying the ESA methodology and the enhanced surveillance rules, the primary surplus over the first six months of the year is 2.1 billion euros lower than during the same period last year.
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