Jan-May primary budget deficit contained at 1.49 bln on back of property tax, VAT intakes
Seasonal jobs account for 7 in 10 hirings as balance nears 100,000 in May
As restrictions drop away, Apr travel balance beats even pre-Covid levels
May cash deficit improves markedly YoY as revenues rise by 3.5 bln
Industrial turnover grows 33.3 pct YoY in Apr, but manufacturing leads monthly drop
Travel balance back to normal, but Apr C/A deficit of 1.62 bln impacted by goods deficit
General gov't primary cash surplus to April at 1.69 bln
The Greek general government (gg) primary cash surplus stood at 1.69 billion in the 4-month period (Jan-Apr) from a deficit of 755 million last year, according the gg bulletin released by the Ministry of Finance (MoF).
In addition, the gg cash deficit narrowed by 2.39 billion year on year (YoY), landing at 525 million in the first four months of the year from 2.91 billion last year. It is reminded that the headline for the first quarter showed a surplus of 529 million...
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