Travel receipts rise by 11.3 pct in April on back of higher arrivals
Current account deficit eases by 410.6 mln in April
Industrial turnover up for sixth straight month with 10.7 pct rise in April
Primary cash balance posts deficit of 316 mln in first 5 months
Turnover in services sector improves slightly in Q1 2017
Unemployment rate edges down to 23.3 pct in Q1
Primary surplus up to 3.9 pct of GDP in 2016, far above target
Greece’s general government primary surplus climbed to 3.9 percent of GDP in 2016, according Hellenic Statistical Authority (ELSTAT) first notification published on Friday.
The headline figure confirms recent comments made by the government and top eurozone officials indicating that the fiscal outcome in 2016 was well in excess of 3 percent of GDP. In addition, it stands way above the programme target of 0.5 percent of GDP.
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