Industrial turnover rises by 20.5 pct in August for highest increase since May 2017
Primary cash surplus at 17.96 bln in Sept as expenditure for the month falls
Travel surplus rises by 17.4 pct in H1 as sharp rise in visitors drives receipts growth
GDP revision for 2017 points to slight improvement from initial estimates
Budget primary surplus at 4.18 bln in Sept as EU co-financed projects fall short
Hirings balance positive by 6,556 in September but momentum slows down year-on-year
Primary cash balance records deficit of 404 mln euros in 4-month period
Greece’s central government primary cash balance turned to a deficit of 404 million euros in the first four months of 2017, from a surplus of 2.93 billion euros last year, Bank of Greece (BoG) figures showed on Thursday. This year’s figure includes arrears’ repayments of 544 million, of which 112 million were paid in April.
The overall cash balance also recorded a deficit of 188 million euros, from a surplus of 205 million euros a year ago. This includes a one-off item of around 2 billion, related to National Bank (NBG) revenues from the sale of Finansbank, which were tran...
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