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Latest BoG report sees sustained growth, range of challenges
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Current account deficit still improving in Oct due to trade balance for services, goods
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Industrial turnover up by just 0.3 pct YoY in Oct as manufacturing growth, domestic market slow
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Budget continues to outperform in Nov as taxes beat target by 334 mln
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Government’s growth ambitions meet RRF reality
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Disposable income rises in Q2, saving rate stays negative at -3 pct
Greek trade deficit narrowed 11 pct in 2013 but exports marginally negative
Greece’s trade deficit narrowed 2.1 percent to 1.4 billion euros in December, while the respective figure for 2013 fell 11 percent to 19.34 billion, according to the Hellenic Statistical Authority (ELSTAT).
The change to December shows a continued deceleration since April, when it peaked with a 20.5 percent decline. The slower negative rate in the last three quarters of 2013 is attributed to exports decreasing at a higher rate than imports.
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