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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 -
Budget outperforms in Mar, delivers 2.95 bln primary surplus thanks to strong tax collection -
Import price drop slows further to 2.8 pct in Feb -
Car sales contract in March, up 4 pct YoY in Q1 -
Industrial Production growth slows to 1.6 pct YoY in Feb as electricity supply drops
General gov't primary cash surplus for Jan-Apr quadrupled to 2.6 bln, arrears stable at 6.7 bln
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...
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