June current account shows surplus of 208.8 million as imports outpace exports
July primary cash surplus at 6.75 bln as revenue rise outstrips expenditure
Budget surplus beats July target on lower investment spending as tax refunds fall short
Unpaid contributions rise to 33.86 bln as more legacy debtors added
Growth conditions improving but more work needed over longer term, PBO suggests
Building permits up by 4.4 pct in May and 5.3 pct in first five months
Budget primary surplus to Oct confirmed at 6.5 bln, 2.9 bln above revised target
Greece’s budget primary surplus was confirmed at 6.5 billion euros in the 10-month period of 2016 from 4.53 billion a year ago, the Finance Ministry (MoF) final budget execution bulletin showed on Thursday.
Despite the upward revision, the 10-month primary surplus still stands 2.93 billion above target. The outperformance mostly reflects a higher PIB balance (by 878 million), stronger revenue collection (by 825 million) and underspend (by 726 million).
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