Turnover in services sector improves in Q3 2018 on annual basis, declining QoQ
Unemployment rate declines to 18.3 pct in Q3
Eurosystem funding falls by 978 mln in Nov, banknotes increase for fourth month
Car sales rise by 12.3 pct in November and 23.7 percent in 11-month
Building permits rise by 6.6 pct in September, up by 9 pct in 9M
Q3 wages index up by 2.8 pct QoQ and by 4.6 pct YoY
Lower spending, extra revenues result in budget execution beating targets in March
Greece’s budget execution showed the 3-month primary surplus rose to 1.74 billion euros, up 12.6 percent, while the 2-month underperformance of 173 million turned to an over-performance of 1.62 billion, according to the Finance Ministry (MoF) preliminary budget bulletin published on Thursday.
The year to date primary surplus outperformance is mainly attributed to lower primary expenditure (by 1.18 billion) and higher Public Investment Budget (PIB) surplus (by 856 million) more than offsetting lower revenues (by 386 million).
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