Travel balance up by 17.2 pct in September on higher receipts, lower payments
Industrial turnover falls by 0.8 pct in Sept, down for first time since Oct 2016
Current account surplus at 1.21 bln in September on services balance growth
Grivalia Properties net profits rise by 87 percent in nine-month results
Primary cash surplus at 2.88 bln in Oct on higher expenditure, arrears payments
Fall in apartment prices continues with slower decline of 0.6 pct in Q3
Significant revenue outperformance drives budget primary surplus to 4.4 bln in 2016
Greece’s budget primary surplus stood at 4.39 billion in 2016, almost double the 2015 figure of 2.27 billion, the Finance Ministry (MoF) preliminary budget execution bulletin revealed on Tuesday.
The headline figure beat the full-year target by 2.41 billion largely due to revenue outperformance (by 1.82 billion) also supported by lower Public Investment Budget (PIB) deficit (by 258 million) and underspend (by 246 million).
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