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Brussels flags downside risks for Greece as conflict‑driven inflation surges
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Strong Q1 for tourism as receipts rise by 64 pct YoY
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Timing factors and contained spending keep primary balance 2.89 bln above target in April
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Current account deficit at 2.34 bln in Mar, up to 6.96 bln in Q1
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EC forecasts slower growth, higher inflation as energy shock strikes
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Refined oil products propel 27.4 pct YoY rise in March industrial turnover
General gov't primary cash surplus markedly better in July but arrears climb
The general government (gg) primary cash surplus narrowed by 18 percent to 2.35 billion euros in the 7-month period of 2015 from 2.87 billion last year, according the gg bulletin published by the Ministry of Finance (MoF) on Monday.
However, on a monthly basis the cash surplus substantially improved to 2.26 billion euros in July, which is more than double year on year (YoY). This was mainly driven by the high surpluses posted in the state budget (1.75 billion) and social security f...
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