Economic sentiment stable in Nov, consumer confidence slides further
Credit growth at 2.1 pct in Oct, but flow negative by 856 mln
Deposits drop by a sharp 2.14 bln in Oct, driven by corporations
Aug sees second annual drop in building activity with 4 pct decline
Final budget data for Oct verifies solid tax revenues on back of indirect and income tax haul
Despite slowdown, property prices jump by 11.9 pct YoY in Q3
General govt balance deteriorates due to deficits of state and social security funds
Greece’s general government (gg) deficit came to 9.36 billion euros in the first seven months of the year, compared with a deficit of 5.96 billion euros in the same period of 2020, according to the Finance Ministry’s (MoF) latest monthly gg bulletin.
In the underlying subcategories, the state budget deficit up to July was 9.09 billion euros, compared to 7.3 billion euros last year. Extrabudgetary central government balance had a surplus of 844 million, from 1.68 billion euros last year.
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