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Economic sentiment slightly improves in Sep, as recovery in consumer confidence continues
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Building activity rebounds strongly with 21.5% YoY rise in June
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Government struggles to shape narrative as rising costs compete with positive outlooks
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Credit growth picks up pace in Aug, with 7.1% YoY rise
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Deposits rise to 224.43 bln, with 2.97 bln inflow in Aug
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VAT continues to drive budget performance in Aug, at 1.21 bln above target
Primary cash surplus widens by 1.8 bln to 4.84 bln by end of Oct
Greece’s central government primary cash surplus widened by 61.3 percent to 4.84 billion euros in the 10-month period of 2015 from 3 billion last year, according to Monday’s Bank of Greece (BoG) data.
In addition, this year’s figure incorporates extraordinary income of 556 from the Hellenic Financial Stability Fund (HFSF) that paid to the state in March 2015 the fees it received from Greek banks in late 2012.
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