Primary cash balance posts deficit of 46 mln at end of July
Industrial turnover up by 8.1 pct in June for eighth consecutive rise
Budget primary surplus at 3.05 bln in 7-month, above target on underspend
Building activity up by 45.7 pct in May, highest since Dec 2005
Eurosystem funding drops by 3.9 bln in July on big decline in ELA
Unemployment at 21.7 pct in May after revised April figure
State budget primary surplus widens to 2.28 bln at end of July after rise in revenues
Greece’s budget execution showed the primary surplus widening to 2.28 billion in the 7-month period from 707 million posted in the first half of the year, according to the preliminary data released by the Ministry of Finance (MoF) on Wednesday.
The significantly improved fiscal performance in July mainly reflects increased revenues of 6.05 billion euros compared to 3.63 billion in June. In addition, July revenues are by far the highest monthly figure in 2014, well above the previous high of 4....
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