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
Greek cash deficit to July narrows 78.3 pct to 1.72 bln
Greece’s central government net balance on a cash basis showed the deficit narrowing by 78.3 percent to 1.72 billion euros in the 7-month period from 7.93 billion last year, according to the Bank of Greece (BoG).
The 7-month primary cash balance turned to a surplus of 2.42 billion from deficit of 2.97 billion last year, implying a fiscal consolidation of 5.4 billion euros.
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