Record year for tourism in 2023 with 20.46 bln in receipts, 32.74 mln visitors
Industrial turnover drops by 7.2 pct in Dec, pulling 2023 figure 4.1 pct lower
Current account deficit drops sharply to 14.13 bln in 2023 as energy effects moderate
European Commission leaves 2024 growth estimate of 2.3 pct unchanged
Strong start to budget execution in 2024 as Jan brings 2.12 bln primary surplus
CPI at 3.1 pct in Jan, foods up by 8.3 pct
March budget primary balance short of target, but taxes continue to overperform
The budget primary balance for the first three months of 2022 was confirmed at 1.65 billion euros, compared to a deficit of 13.4 billion euros during the same period last year, according to the final Finance Ministry (MoF) budget execution data released on Tuesday.
The primary balance was below the target by 319 million euros. Expenditure, excluding interest payments and the public investment budget, came to 11.7 billion euros. Net revenues reached 11.96 billion euros, below the target by 1.35 billion euros.
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