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
Building permits rise by 9.8 pct in July, up by 8.4 pct in 7-month period
Lower yields for short- and long-term borrowing boost Athens
There was a promising start to May for Greece’s debt management agency (PDMA) as interest in its T-Bills rose and borrowing costs dropped in the two issues it auctioned successfully on May 2 and May 9 via 13- and 26-week notes respectively.
At the start of the month, it auctioned a 26-week T-bill for 875 million euros. It received total bids of 2.49 billion euros, including 392 million of non-competitive bids, taking the coverage ratio to 2.84. The total amount accepted was 1.14 billion eu...
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