May employment balance positive by 105,282 as seasonal hires pick up
Current account deficit drops in April on improved goods and services balance
Industrial turnover rises by 13.4 pct in April
Budget primary surplus at 918 mln in May, expenditures rise as 13th pension payment takes effect
Eurosystem funding drops by 399 mln in May, ELA collateral falls to zero
Turnover in services sector improves slightly in Q1 2019
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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