Budget overperformance in Aug fuelled by VAT and income tax, spending significantly contained
Travel balance to July soars by 19 pct, reaching almost 9 bln
Agriculture output prices jump 28.7 pct YoY in Jul, despite input costs falling
Industrial turnover drops by 10.2 pct in Jul, driven by foreign markets and manufacturing
Current account deficit shrinks to 7 bln in 7 months as energy and imports ease
Loans managed by servicers broadly stable in Q2 at 71.16 bln
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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