Industrial turnover rises by 11.4 pct in May, staying positive for fifth consecutive month
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
General govt primary cash surplus expands to 3.3 bln at end-June, arrears rise to 7.2 bln
Greece’s general government (gg) primary cash surplus expanded considerably to 3.33 billion euros in the first half of 2016 from just 245 million in the corresponding period last year, the Finance Ministry (MoF) gg bulletin showed on Thursday.
In absolute terms, the state budget and the extrabudgetary funds’ primary cash surpluses amounted to 2.22 and 1.31 billion respectively, both remaining steadily the key positive contributors to the overall positive gg balance. Local governments’ balance...
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