Primary cash surplus at 19.54 bln in October on monthly and aggregate expenditure falls
Budget primary surplus at 6.46 bln in October on improved revenues and primary underspend
Eurosystem funding rises to 13.2 bln in October, banknotes up for third month
Building permits increase by 13.3 pct in August
Apartment prices up by 2.5 pct in Q3 as recovery trend continues
Car sales rise by 19.2 pct in October
General govt primary cash surplus improves to 6.4 bln by Nov, arrears drop to 5.6 bln
Greece’s general government (gg) primary cash surplus grew by 1.4 billion euros to 6.4 billion in the 11-month period of 2016 from 5 billion a year ago, the Finance Ministry (MoF) gg bulletin revealed on Tuesday.
The improvement is mostly attributed to an expansion of the extrabudgetary and social security funds’ surpluses by 1.5 and 1.46 billion euros respectively, coupled with a rise in the local government’s surplus by 318 million to 780 million.
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