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Credit expansion grows by 4.5 pct in Mar, driven by corporations -
Deposits reverse contraction in Mar with 1.67 bln growth -
Building permits start year strongly with 15.1 pct rise in Jan -
March hirings balance hits new high, boosted by seasonal jobs in catering and accommodation -
Fiscal data for 2023 indicates that 2.1 pct of GDP goal is within reach -
Travel balance rises in Feb as arrivals jump by 20.7 pct in first two months
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.
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