Budget primary surplus confirmed at 2.37 bln in Mar, above target by 1.27 bln
Credit standards and demand for corporate, household loans unchanged in Q1
Greek 2017 primary surplus confirmed at 4 pct, well above target
Travel balance slumps to deficit of 6.9 mln in Feb as payments outpace receipts
February current account deficit at 1.29 bln as underlying balances worsen
Eurosystem funding drops by 1.45 bln in March as ELA reduction offsets ECB rise
Draft budget sees stronger growth, fiscal targets being met
The Finance Ministry (MoF) tabled on Monday in Parliament’s Economic Affairs Committee the 2018 draft budget, which contains its fiscal estimates as well as the underlying macro assumptions.
The MoF expects that the improvement in economic confidence due to the smooth implementation of the programme will facilitate the recovery of the domestic economy in the second half of 2017, with carry over effects into 2018.
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