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Fiscal data for 2023 indicates that 2.1 pct of GDP goal is within reach -
Travel balance rises in Feb as arrivals jump by 20.7 pct in first two months -
Industrial turnover grows by 3.1 pct in Feb, led by mining and domestic market -
Current account records sharp deficit of 3.16 bln in Feb as goods balance deteriorates -
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
General govt primary cash surplus improves to 1.4 bln in Jan, arrears rise to 4.8 bln
Greece’s general government (gg) primary cash surplus rose by 120 million euros to 1.42 billion in January from 1.3 billion a year ago, the Finance Ministry (MoF) gg bulletin showed on Tuesday evening.
The improvement fully reflects a substantial rise in the social security funds (SSFs) surplus to 565 million from just 31 million last year. Specifically, SSFs revenues soared almost 30 percent to 3.5 billion, while expenditure increased at a slower pac...
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