Travel balance falls by 53.6 pct in March
Current account shows deficit of 1.10 bln in March as Covid-19 hits trade & travel
Industrial turnover drops by 9.3 pct in March
PBO highlights economic impact of Covid-19, calls for policies to mitigate damage
Central government debt increases by 5.81 bln to 361.83 bln in Q1
Primary cash balance deficit climbs to 2.62 bln in April largely on revenue deterioration
Budget for 2020 eyes faster growth while balancing tax cuts with more revenues
Following the nod of approval from the European Commission (EC) earlier in the week, the Finance Ministry tabled on Thursday the final budget to Parliament, essentially unchanged from the draft version of early October.
The economic assumptions underpinning the budget remain more ambitious than those published by the Commission on Wednesday, with the Greek authorities seeing the economy growing by 2.8 percent, compared to EC’s 2.3 percent.
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