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Jan primary surplus beats target due to 1.7-bln-euro underspend
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Travel receipts for 2025 break new record at 23.63 bln as visitors approach 38 mln
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Despite strong close in Dec, industrial turnover up by just 0.3 pct YoY in 2025
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Despite sharp increase in Dec, current account deficit improves markedly in 2025 to 14.11 bln
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Central government debt rises to 406.18 bln in Q4 as repos increase
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Jan primary surplus at 3.5 bln as underspend continues into 2026
IMF expects difficult year for public finances, PBO highlights impact on labour force
The IMF released on Wednesday its Fiscal Monitor report, which compounded the grim picture for Greece on the budget front, after the forecast for a 10 pct in the World Economic Outlook that was published on Tuesday.
The Fund sees Greece running a fiscal deficit of 9 pct of GDP this year, followed by a deficit of 7.9 pct of GDP in 2021. After five years of successive primary surpluses, the balance will turn negative this year and next: -5.1 pct of GDP in 2020 and -4...
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