Greek primary cash surplus more than doubles to 2.45 bln at end of August

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

The Greek general government (gg) primary cash surplus more than doubled year on year (YoY) reaching 2.45 billion euros in the 8-month period of 2014 from 1.17 billion last year, according the gg bulletin released by the Ministry of Finance (MoF) on Friday.

The MoF figures also showed that the gg cash deficit narrowed by 44.7 percent YoY to 2.34 billion euros from 4.24 billion in the corresponding period last year.

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