Primary cash surplus notably widens by 1.9 bln to 4.48 bln by November

EconomyMacroeconomy Tags: BoG, Revenues
Photo by MacroPolis
Photo by MacroPolis

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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