May current account shows surplus of 191.5 million as underlying indicators improve
Industrial turnover rises by 11.4 pct in May, staying positive for fifth consecutive month
June primary cash surplus at 6.49 bln as revenue increase offsets higher expenditure
Travel balance records 127 mln surplus in Q1, much improved on last year
Budget primary surplus at 617 mln in June as expenditure continues to fall below target
Building permits up by 1 pct in April and 5.2 pct in first four months of the year
Greek budget primary surplus up to 3.53 bln at end of November despite revenue shortfall
Greece’s budget execution showed the primary surplus widening by 879 million euros to 3.53 billion in the 11-month period from 2.65 billion in the 10-month, according to the Finance Ministry (MoF) preliminary budget bulletin.
As a result, the year to date figure exceeded its target by 658 million euros compared to an underperformance of 880 million in the first 10 months of the year. This turnaround is attributed to November’s fiscal performance, combined with the monthly ta...
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