Economy
Industry turnover and new orders’ indices rebounded in July
The Turnover Index in Industry increased 3.6 percent year on year (yoy) in July, while New Orders Index in Industry also improved by a modest 0.8 percent yoy over the same period, according to the Hellenic Statistical Authority (ELSTAT). It is the first month since October 2012 that both indices have rebounded concurrently.
Greek budget outperformed targets by 3.9bn euros to August, preliminary figures show
Budget execution to August showed revenues outperforming monthly targets by 490 million euros for the second consecutive month in August with the year to date shortfall further narrowing to 1.04 billion from its peak of 1.61 billion at the end of June, according to preliminary figures from the Ministry of Finance (MoF).