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Fiscal data for 2023 indicates that 2.1 pct of GDP goal is within reach -
Travel balance rises in Feb as arrivals jump by 20.7 pct in first two months -
Industrial turnover grows by 3.1 pct in Feb, led by mining and domestic market -
Current account records sharp deficit of 3.16 bln in Feb as goods balance deteriorates -
IMF sees 2024 growth at 2 pct, debt on downward trend due to high primary surpluses -
Government tones down fiscal pledges as tighter framework starts to bite
Primary cash surplus notably widens by 1.9 bln to 4.48 bln by November
Greece’s central government primary cash surplus notably widened by 72 percent to 4.48 billion in the 11-month period of 2015 from 2.6 billion in the corresponding period last year, Bank of Greece (BoG) figures showed on Thursday.
Excluding several one-off items related to revenues from the repayment of banks’ preference shares of 1.31 billion, arrears’ payment of 1.01 billion and contribution of 451 million to the ESM last year as well as bank fees of 556 million this year, we g...
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