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  1. Energy products lead rise as import price index escalates by 27.2 pct in Feb
    Photo via Flickr https://flic.kr/p/faksxt

    EconomyMacroeconomy

    Greece’s import price index posted another solid rise of 27.2 percent year-on-year (YoY) in February, after shooting up by 31.8 percent in January, according to data released by the Hellenic... recorded their highest rise in October last year with a jump of 33.9 percent YoY. In February

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  2. More fiscal space emerges for new energy relief package as parties jostle for support
    Image: www.primeminister.gr

    PoliticsGreek Politics

    during the first quarter of the year. Added to that, Alternate Minister for Fiscal Policy Theodoros Skylakakis indicated that the final figure for last year’s deficit figure could be 1.5 percentage... a supplementary budget allowing a 2-billion-euro increase in spending this year. It is estimated that just

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  3. March budget primary balance short of target, but taxes continue to overperform
    Finance Ministry

    EconomyMacroeconomy

    , compared to a deficit of 13.4 billion euros during the same period last year, according to the final... of accruals collection of last year’s tax dues. VAT intakes beat their target by 496 million... euros, short of the target by 27 million euros. Last year, interest payments were 2.46 billion euros

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  4. Credit growth edges up to 1.6 pct in Mar, led by rise in business loans
    Photo via https://flic.kr/p/GG7K6F

    EconomyMacroeconomy

    Credit movement in the Greek private sector accelerated slightly to 1.6 percent year-on-year (YoY) in March, from 1.4 per percent in February, 0.9 percent in January, Bank of Greece (BoG) figures... a peak of 3.7 pct in February last year. The net lending flow was positive by 754 million euros

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  5. Much riding on EU approval of plan to cap energy prices
    Photo by EC - Audiovisual Service

    PoliticsGreek Politics

    euros for energy-related subsidies and interventions this year. Of this, 3.6 bln is allocated... published by ELSTAT on Tuesday, which saw the CPI figure for April rise by 10.2 pct year-on-year

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  6. Import price index rise of 34.6 pct in Mar highest since inflation rise began

    EconomyMacroeconomy

    Greece’s import price index accelerated further in March, posting another solid rise of 34.6 percent year-on-year (YoY), from 27.2 percent in February, according to data released by the Hellenic... figure recorded the highest growth rate since October last year when it had jumped by 33.9 percent YoY

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  7. Public debt jumps by more than 6 bln in Q1, nearing 395 bln in total
    Photo by MacroPolis

    EconomyMacroeconomy

    of 2022 to 394.55 billion euros, from 388.34 billion euros in the final quarter of last year, the Finance... maturity of the total debt fell to 18.22 years in Q1, from 18.65 years at the end of last year. Peak...-term (up to 1 year) and medium-term (1 to 5 years) debt accounted for 17 percent and 9.4 percent

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  8. Inflation and economic bounce boost tax revenues as Jan-Apr budget primary balance beats target by 1.65 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    million euros, compared to a deficit of 6.2 billion euros during the same period last year, according... euros of accruals collection of last year’s tax dues. VAT intakes beat their target by 755 million... payments came to 2.53 billion euros, broadly on target. Last year, interest payments were 2.75 billion

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  9. Producer prices skyrocket by 48.8 pct in Apr as energy products shoot up by 90 pct

    EconomyMacroeconomy

    Greece’s Producer Price Index (PPI) recorded another explosive rise in April, shooting up by 48.8 percent year-on-year (YoY), after jumping by 46.2 percent in March, ELSTAT data said on Monday... the index from 102.63 points in February last year, to 155.41 points. Month-on-month (MoM

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  10. GDP rises by 2.3 pct QoQ in Q1 as consumption grows, but other components shrink

    EconomyMacroeconomy

    percent growth, from an upwards revised 8.1 percent year-on-year (YoY) in Q4. The quarterly movements... for the year. The latest OECD forecasts are to be published on June 8, while in the previous one issued

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