-
Energy impacts trade deficit as July sees growth of 3.2% YoY
-
GDP grows by just 0.3% QoQ in Q2, eases to 1.9% YoY
-
DBRS leaves rating unchanged at 'BBB', ups outlook to positive
-
Seasonal jobs push quarterly unemployment to 7.9% in Q2: lowest since 2008
-
Manufacturing grows in Aug thanks to rise in new sales: optimism highest since 2024
-
Growth of retail sales slows to 4.2% YoY in July as volumes data reveals price pressure
Budget primary deficit at 8.14 bln by end-May, almost 1 bln off target
The budget primary balance was confirmed at a deficit of 8.14 billion euros in the first five months of the year, compared to a deficit of 4.84 billion in the same period of 2020, the final Finance Ministry (MoF) budget execution bulletin for May showed on Monday.
The primary balance came short of the target by 970 million euros. Excluding interest payments and the public investment budget, expenditure came to 22.69 billion euros. Net revenues came to 18.28 billion euros, below target by 274 million euros.
Full Access
A tailor-made service for professionals
Apart from having access to all our analysis and data, subscribers will be able to consult one-on-one with our analysts.
Free Access
Read some of our analysis for no charge
By signing up to MacroPolis, readers will be able to read two of our articles without charge each month. They will not have access to our data or weekly e-newsletter.
Standard Access
Our analysis and data at your fingertips
Subscribers will be able to read the full range of our articles, access our statistics and charts, and receive our weekly e-newsletter for €530 per year.
€550.00