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Business loans and consumer credit drive 6% YoY expansion in September
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Corporations raise private sector deposits to highest level since March 2010
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Building activity contracts by 8.3% YoY in July
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VAT continues to drive budget performance in Sep, at 1.4 bln euros above target
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Greece heads for another record tourism season after strong August receipts
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Energy and capital goods drive 17.8% YoY rise in industrial turnover for Aug
Income tax, VAT help generate 3.56 bln budget surplus in July as interest expenses exceed 5 bln
The budget primary balance in July was confirmed at a surplus of 3.56 billion euros, compared to a deficit of 1.16 billion euros in the same month of 2022, according to the final Finance Ministry (MoF) budget execution data released on Friday.
In the first seven months of the year, the budget outperformed by 1.73 billion euros, although as the year progresses this figure is becoming more moderate.
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