-
Import prices contract again in Oct with 2.4 pct drop
-
Subdued passenger car sales lead to overall drop of 1.6 pct in Nov
-
Electricity propels 6.4 pct YoY jump in Oct industrial production
-
RRF promise fades as growth outlook weakens
-
Trade deficit drops sharply in Oct, down 6 pct in 10M
-
Consumption and investments drive Q3 GDP growth of 2 pct YoY
Lower spending, extra revenues result in budget execution beating targets in March
Greece’s budget execution showed the 3-month primary surplus rose to 1.74 billion euros, up 12.6 percent, while the 2-month underperformance of 173 million turned to an over-performance of 1.62 billion, according to the Finance Ministry (MoF) preliminary budget bulletin published on Thursday.
The year to date primary surplus outperformance is mainly attributed to lower primary expenditure (by 1.18 billion) and higher Public Investment Budget (PIB) surplus (by 856 million) more than offsetting lower revenues (by 386 million).
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