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Newsletter 427 - 14/06/2024
points. The recent climb of Euribor that matched the ECB rate policy has made those loans rather pricey
4% -
Greece sticks to debt repayment strategy amid uncertainty caused by EU elections
EconomyMacroeconomypoints. The recent climb of Euribor that matched the ECB rate policy has made those loans rather pricey
4% -
Industrial turnover soars by 18 pct YoY in Apr, strongest since early 2023
EconomyMacroeconomybeen improving for more than a year. The rate of growth in the sector remains in historically high
4% -
Reports raise questions about some economic policy decisions
EconomyMacroeconomycompetition and oversight in the Greek market, lowering the VAT rate on certain goods would not have
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Electricity and manufacturing boost industrial production for 6.7 pct growth in June
EconomyMacroeconomy, reflecting favourable demand conditions, though the rate of increase softened to the lowest point
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Mitsotakis argues there is no alternative as SYRIZA officials push Kasselakis out
PoliticsGreek Politicsthat will carry an interest rate that is half the regular commercial one. Another 400 million euros
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Finance Ministry's defence of economic record highlights area of policy weakness
EconomyMacroeconomy, investments grew by the largest rate and the economic growth has led to the largest reduction in the debt
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New medium term plan to 2028 sees tight fiscal path, moderate growth once RRF concludes
EconomyMacroeconomyaccelerating from 2.1 pct this year to 3.6 pct in 2025. The unemployment rate will drop to 9.7 pct in 2025
4% -
PMI at 50.3 in Sept after falling for six straight months, posting weakest reading in a year
EconomyMacroeconomyto rise at a steep pace, though the rate was softer in September and continued to slide from
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Draft budget for 2025 sees 2.3 pct growth and strong primary surplus
EconomyMacroeconomygrowth slightly moderates to 0.7 pct, from 1.1 pct this year, while the unemployment rate for first
4%