General gov't primary cash surplus to April at 1.69 bln

EconomyMacroeconomy Tags: Arrears, Budget, MoF, Revenues, Taxes

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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