General gov't primary cash surplus for Jan-Apr quadrupled to 2.6 bln, arrears stable at 6.7 bln

EconomyMacroeconomy Tags: Arrears, Budget, MoF, Revenues, Taxes
Photo by MacroPolis
Photo by MacroPolis

Greece’s general government (gg) primary cash surplus more than quadrupled to 2.6 billion euros in the 4-month period of 2016 from 581 million in the corresponding period last year, the Finance Ministry (MoF) gg bulletin showed on Monday.

The remarkable improvement mainly stems from a rise in the cash surplus of the extrabudgetary funds by 1.28 billion euros, followed by increases also recorded in the state budget (+697 million) and social security funds - SSFs (+139 million). In contras...

You need a subscription to access our analysis. Please choose one of the packages available.

If you are already registered, please sign in.

Free Access

Read some of our analysis for no charge

By signing up to MacroPolis, readers will be able to read four of our articles without charge each month. They will not have access to our data or weekly e-newsletter.

Standard Access

Our analysis and data at your fingertips

Subscribers will be able to read the full range of our articles, access our statistics and charts, and receive our weekly e-newsletter for €450 per year.

€450.00

Full Access

A tailor-made service for professionals

Apart from having access to all our analysis and data, subscribers will be able to consult one-on-one with our analysts.