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Final 2026 budget foresees stable growth and strong tax performance
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Industrial turnover jumps by 13.4 pct YoY in Sep for first rise since Jan
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Current account deficit improves significantly in 9M, falling to 7 bln
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EC autumn forecasts project stable growth and fiscal outlook
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Budget underspend carries on in Oct as taxes continue to outperform
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Import prices resume growth in Sep, food up 6.9 pct YoY
General gov't primary surplus shrinks to 419 mln in January
The Greek general government (gg) primary cash balance showed the surplus shrinking to 419 million euros in January 2015, much lower than the 1.88 billion euros posted in January 2014, according the gg bulletin published by the Ministry of Finance (MoF).
The fiscal deterioration in state budget and extrabudgetary funds was mainly due to a drop in revenues. Local governments posted a rise in revenues by 24 percent, yet the increase in expenditure was much higher at 56 percent.
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