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
Capital controls to be loosened further, restrictions on foreign cash removed
Budget primary surplus at 5.36 bln in 10-month, exceeding target on lower expenditure
Eurosystem funding falls by 4.38 bln in October as ELA declines
Building activity drops by 5.2 pct in August
Budget primary surplus falls to 1.1 bln in Q1, slightly above target
The budget primary balance recorded a surplus of 1.07 billion euros in the first quarter (Q1), which was 42.7 percent lower than the figure of 1.86 billion a year ago, the Finance Ministry (MoF) preliminary budget execution bulletin showed on Tuesday.
The year to date outperformance was trimmed substantially from 1.27 billion euros in the 2-month period to just 75 million in Q1 largely due to lower privatisation revenues since the payment of 1.23 billion for the concession of regional airports was no...
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