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Business loans and consumer credit drive 6% YoY expansion in September
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Corporations raise private sector deposits to highest level since March 2010
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Building activity contracts by 8.3% YoY in July
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VAT continues to drive budget performance in Sep, at 1.4 bln euros above target
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Greece heads for another record tourism season after strong August receipts
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Energy and capital goods drive 17.8% YoY rise in industrial turnover for Aug
Greek primary surplus at 400 mln to Oct but arrears keep piling up
The Greek general government (gg) cash deficit to October fell by 50.8 percent to 4.41 billion with the gg cash primary surplus landing at 1.38 billion from 2.53 billion last year, the Ministry of Finance (MoF) said on Tuesday.
Similar to previous months, the reported gg data is on a cash basis taking into account payment of previous years’ state arrears of 4.35 billion, which distorts the gg fiscal balance for this year. Furthermore, it includes SMP and ANFA income of 2.18 bi...
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