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
Unemployment rate edges up to 20.2 pct in April as number of employed dips
Eurosystem funding falls by 4.56 bln in June to 16.31 bln
Primary cash surplus improves 2.5 times to 3.49 bln in 2015
Greece’s central government primary cash surplus substantially improved by almost 2.5 times to 3.49 billion in 2015 from 1.42 billion in 2014, Bank of Greece (BoG) figures displayed on Wednesday.
Stripping out extraordinary 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 in 2014 as well as bank fees of 556 million in 2015, we get...
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