Travel balance up by 15.3 pct in September
Primary cash balance surplus at 5.56 bln in October
Central government debt down to 353.85 bln in Q3, average maturity stable at 21 years
Current account shows surplus of 886.6 bln in September, aggregate figure almost balanced
Industrial turnover edges down by 0.5 pct in September
Budget primary surplus at 5.76 bln in October as expenditure drops
Despite payment of some arrears, total reached 4.6 bln at end of 2013
The Greek general government (gg) cash deficit narrowed by 48 percent to 7.05 billion in 2013 with the gg cash primary surplus dropping by 36.4 percent to 450 million from 707 million in 2012, according to the bulletin released by the Ministry of Finance (MoF) on Tuesday.
The disclosed gg data is on a cash basis, incorporating settlement of previous years’ state arrears and refunds of 6.16 billion, which distorts the gg fiscal balance for this year. Furthermore, it includes SMP income of 2.03 billion euros that is not in...
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