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Budget outperforms in Mar, delivers 2.95 bln primary surplus thanks to strong tax collection
EconomyMacroeconomythe RRF and has allocated 455 million euros, above target by 3 million euros.
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Fiscal data for 2023 indicates that 2.1 pct of GDP goal is within reach
EconomyMacroeconomymillion euros. Revenues jumped by over 3 billion euros to 107.84 billion euros, from 104.61 billion
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Newsletter 422 - 26/04/2024
issue had secured. PDMA drew 3 billion euros from the transaction and already reached 70 pct
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Deposits reverse contraction in Mar with 1.67 bln growth
EconomyMacroeconomyThe net private sector deposits in the Greek banking system increased in March with a rise of 1.67 billion euros, after a 1.07 billion euros drop in February, based on the latest Bank of Greece (BoG) figures released on Friday. The annual growth in March was 2.6 percent year on year (YoY), from 3
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Retail sales and volumes show worrying signs, turnover down 3.8 pct in Feb
EconomyMacroeconomyGreece’s retail sales went deeper into contraction in February, with a drop of 3.8 percent year-on-year (YoY), after an upwards revised decline of 3 percent in January, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday. The corresponding volume index recorded a sharp decrease of 9.8
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Industrial production records first contraction since Aug 2023, down 0.6 pct in Mar
EconomyMacroeconomyby drops of 3 percent in manufacturing and 0.9 percent in water supply. Mining increased by 1.2
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CPI at 3.1 pct in Apr as food inflation refuses to drop
EconomyMacroeconomypercent, from a rise of 1.5 percent in March. In April 2023, the CPI was up by 3 percent YoY. The price
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Inflation and property data cloud economic picture
EconomyMacroeconomyis affordable for only 3 pct to 10 pct of Greeks. The report says that in 2021 a small property of 60 sq.m
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Mitsotakis raises bar for EP vote success as fringe parties and abstention hold key to result
PoliticsGreek Politicswill be divided by all parties exceeding the threshold of 3 percent of the vote. This means that the fewer
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Parties get salty over cheese prices as cost of living debate heats up
PoliticsGreek Politicsthat adopting such policies would lead to default. VAT on food products brings in between 2.5 and 3
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