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Current account surplus at 1.41 bln in Aug on back of improving travel receipts
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Industrial turnover jumps 31.6 pct in Aug as strong recovery is boosted by business abroad
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Primary cash deficit reduced to 5.72 bln in Sept as revenues climb
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Signs of recovery, improved tourism season visible in Sept budget data as revenues beat target by 943 mln
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Hirings balance turns positive by almost 20,000 in Sept, boosted by seasonal factors
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IMF maintains cautious view on public finances, sees debt declining slowly
Draft 2022 budget represents first attempt to restore post-pandemic fiscal order
Following two years during which Greece was allowed, thanks to the SGP escape clause, to run substantial deficits to protect its economy from the impact of the pandemic, 2022 sees some sense of fiscal order returning based on the draft budget submitted to Parliament on Monday.
Using the enhanced surveillance methodology that Greece is subject to until next summer and excludes exceptional items such as SMP and ANFA profit disbursements and spending on migration, Greece ran a primary deficit of 12.49 billion euros in 2020 and i...
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