Current account posts deficit of 1.39 bln in November
Industrial turnover drops by 7.9 pct in November
Primary cash balance surplus at 5.56 bln in December
Building permits increase by 12.6 pct in October
Travel surplus rises by 12.7 pct in 9M
Public investment under spotlight amid arguments over budget execution
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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