Economic sentiment rises above 111 pts in July but consumer confidence drops further
Led by corporate lending, credit continues to grow with 2.3 pct rise in June
Deposits jump by 1.62 bln in June, led by savings
Unemployment drops to 15.9 pct in May, inactive figure also eases to 3.23 mln
Budget primary deficit reaches 9.09 bln for H1, up almost 3 bln on 2020
Travel balance increases more than eightfold in May from last year’s lockdown
Draft budget sees EU funds fuelling recovery of 7.5 pct in 2021, after 8.2 contraction this year
The Finance Ministry tabled in Parliament on Monday the draft budget for 2021 in which the Greek authorities see a substantial recovery next year that will offset most of the losses suffered in 2020 due to the pandemic.
The draft budget also sees a bridging of the gap on the fiscal front, which was formed due to the various support measures that the authorities had to undertake to cushion the pandemic’s impact.
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