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Industrial turnover back in contraction again in Mar, falling by 6 pct YoY
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Central govt debt drops to 405.54 bln in Q1, bonds rise by 3bln
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Vehicles licences jump by 36.3 pct in Apr thanks to strongest car sales since 2010
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Primary balance at 3.25 bln in Apr, above target thanks to favourable timing
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EC makes minor adjustment to growth forecast, at 2.2 pct for 2024
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Import price index up by 1.3 pct YoY in Mar for first rise in 13 months
OECD sees growth stable at 2 pct this year, urges reforms and fiscal discipline
In its latest economic outlook, the OECD is slightly more optimistic about Greece’s growth prospects, although – like other international organisations – it warns that there is no room for complacency as the economy’s structural challenges need to be addressed and the public spending the economy requires will lose the boost it had received from the RRF when the scheme concludes in 2026.
The OECD upped its 2024 growth forecast to 2 pct, from 1.6 pct in the previous estimate, although this revision does not come from higher investments but more robust private consumption spending, which is now seen rising by 1.7 pct this year, from 1 pct...
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