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GDP grew higher in Q1 than last year backed by government expenditure
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GDP grew higher in Q1 than last year backed by government expenditure
According to the latest NSO statistics, GDP growth for the first quarter of this year was recorded at 3.9%, with local demand consisting of up to 3.6% of the share and foreign trade at 0.3%. The figure is higher than the same quarter of last year, reaching a nominal value of €6.18 billion, and an increase of €402.2 million, or 7.0%, over the first quarter of 2025. However, government expenditure is also increasing and fueling this expenditure. T…
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