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
Building permits rise by 9.8 pct in July, up by 8.4 pct in 7-month period
Eurosystem funding down to 12.23 bln in September, banknotes rise for second month
New overdue taxes rise by 849 mln in August with total stock at 102.81 bln
Unemployment at 19 pct in July as inactive population increases
Budget primary surplus at 4.66 bln in 11-month as expenditure falls, revenues rise
The budget primary balance recorded a surplus of 4.66 billion euros in the first 11 months of 2017, decreasing by 19.1 percent against last year’s figure of 5.76 billion euros, the Finance Ministry (MoF) preliminary budget execution bulletin showed on Thursday.
The primary surplus surpassed its target for the first 11 months of the year, beating the goal by 1.58 billion euros. Primary expenditure came to 37.43 billion euros, 912 million euros below the target.
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