-
Significantly contained spending pushes July primary surplus 4.36 bln above target
-
Energy continues to drive import price drop as June records 4.7 pct YoY fall
-
Car market still buoyant as sales rise by 2.8 pct YoY in July
-
Mining drives growth of 0.5 pct YoY in industrial production for June
-
CPI accelerates to 3.1 pct YoY in July, rents up 11.3 pct
-
Trade deficit rises sharply in June as exports continue to fall
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.
You need a subscription to access our analysis. Please choose one of the packages available.
Full Access
A tailor-made service for professionals
Apart from having access to all our analysis and data, subscribers will be able to consult one-on-one with our analysts.
Free Access
Read some of our analysis for no charge
By signing up to MacroPolis, readers will be able to read two of our articles without charge each month. They will not have access to our data or weekly e-newsletter.
Standard Access
Our analysis and data at your fingertips
Subscribers will be able to read the full range of our articles, access our statistics and charts, and receive our weekly e-newsletter for €530 per year.
€530.00