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Industrial production jumps 5.8% YoY in Aug, led by electricity supply
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CPI accelerates to 5% YoY in Sep as energy dominates
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Trade deficit widens by 3.6% YoY in Aug, at 21.18 bln over eight months
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Volatile energy and bond markets tighten pressure on government
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Draft budget for 2027 foresees positive growth and fiscal outlook in uncertain times
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Manufacturing stays in expansion in Sep despite slight PMI moderation
Despite payment of some arrears, total reached 4.6 bln at end of 2013
The Greek general government (gg) cash deficit narrowed by 48 percent to 7.05 billion in 2013 with the gg cash primary surplus dropping by 36.4 percent to 450 million from 707 million in 2012, according to the bulletin released by the Ministry of Finance (MoF) on Tuesday.
The disclosed gg data is on a cash basis, incorporating settlement of previous years’ state arrears and refunds of 6.16 billion, which distorts the gg fiscal balance for this year. Furthermore, it includes SMP income of 2.03 billion euros that is not in...
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