Building permits up 5 pct in 2022, moderating from 26.6 pct rise in previous year
Credit growth slows in Feb, loans balance stable at 113.35 bln
Feb sees back-to-back drops in deposits, landing 6 bln off recent high
Budget primary surplus of 4.2 bln in Feb beats target on back of higher VAT, income taxes
Strong start for travel receipts in Jan, rising by 72 pct YoY to 224.2 mln
Industrial turnover rises 17.7 pct YoY in Jan, but falls sharply MoM at home and abroad
Budget primary balance to Nov beats target by 1.15 bln as taxes outperform
The budget primary balance for the eleven months of 2022 came to a deficit of 1.09 billion euros, compared to a deficit of 7.88 billion euros during the same period last year, according to the final Finance Ministry (MoF) budget execution data released on Tuesday.
As is the standard practice, once the final budget for the next year is submitted, the targets for the running year are revised. This means that the primary balance now beats the target by 1.15 billion euros. The overperformance up to last month was 5.9...
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