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Business loans drive credit growth of 10.7 pct in Sep
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Corporate deposits propel savings increase to 208 bln in Sep
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Despite recovery in previous three months, building permits down 9.9 pct YoY to July
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Strong VAT, income tax revenue and restrained spending drive strong primary surplus in Sep
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Travel receipts up by 10.5 pct YoY in Aug on back of 7.5 mln arrivals in
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Hiring balance improves by more than 18,000 jobs up to Aug
Jan budget deficit confirmed at 15 mln, revenues 610 mln short and spending underexecuted
The budget primary balance for the first month of 2022 came to a small surplus of 15 million euros, compared to a deficit of 1.47 billion euros in the same month last year, according to the final Finance Ministry (MoF) budget execution data released on Friday.
The primary balance is well ahead of the target by 1.15 billion euros. Expenditure, excluding interest payments and the public investment budget, came to 3.11 billion euros. Net revenues came to 3.86 billion euros, below the target by 610 million euros.
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