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
CPI up by 1 pct in July for seventh straight rise
Car sales increase by 28.3 pct in July
Current account balance shows a surplus for third straight month, at 2.09 bln in August
Greece's current account (C/A) balance displayed a surplus of 2.09 billion in August 2015, up by 12.5 percent from last year’s figure, Bank of Greece (BoG) data showed on Wednesday. This year’s figure indicates a C/A surplus for the third straight month.
The year on year (YoY) improvement largely stems from a drop in the goods’ (by 268 million) and primary income (by 109 million) deficits more than offsetting a decline in the services’ balance by 142 million. In addition, the secondary income account de...
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