Trade deficit falls by 10.3 pct in June
CPI falls by 1.8 pct YoY in July
Industrial production down by 4.9 pct YoY in May but picks up from previous month
Unemployment rate jumps to 17 pct in May
General govt primary cash deficit at 5.48 bln in June as tax revenues fall
New tax debt up by 222 mln MoM in April, total for year at 2.44 bln
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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