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Aug sees second annual drop in building activity with 4 pct decline
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Final budget data for Oct verifies solid tax revenues on back of indirect and income tax haul
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Despite slowdown, property prices jump by 11.9 pct YoY in Q3
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Rise of 17.3 pct in arrivals by Sept means receipts already exceed 2019 record
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Final budget sees 2.9 pct growth in 2024, primary surplus at 2.1 pct of GDP
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Industrial turnover contracts for six months on bounce in Sep with 5.1 pct drop
RRF injection pushes primary balance above target, but regular tax revenues short by 504 mln
The budget primary balance recorded a deficit of 6.39 billion euros in the first eight months of 2021, compared with a deficit of 5.48 billion in the same period last year, the preliminary Finance Ministry (MoF) budget execution data showed on Thursday.
The primary balance was above the target set in the 2022-2025 Medium-Term Fiscal Strategy by 3.02 billion euros. Expenditure excluding interest payments and the public investment budget came to 35.19 billion euros. Net revenues came to 34.68 billion eur...
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