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Industrial production accelerates to 3.9% YoY in May, led by electricity supply
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Fuels continue to propel drop in trade deficit as May sees 15.7% YoY decline
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Pension policy U-turn highlights government’s election concerns
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Jobs in tourism push May hiring balance upwards
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PBO sees resilience in economy, revises growth outlook slightly down
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Unemployment slides to 8.1% in May as male and youth rates improve
Revenue uptick unable to stop 7-mth primary surplus outperformance falling to 724 mln
Greece’s budget primary surplus reached 3.71 billion euros in the 7-month period of 2015 showing an improvement by around 1.83 billion month on month (MoM), according to the final budget bulletin published by the Finance Ministry (MoF) on Wednesday.
After a substantial outperformance of primary expenditure by 961 million in June, the respective figure for July eased to 251 million. The actual figures displayed primary expenditure fell 12.1 percent in July and 9.4 percent in the 7-month to 21.43 bil...
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