OECD ups growth outlook for 2023, warns about headwinds affecting demand and consumption
Trade deficit narrows in April, though exports drop by 4.3 pct
Annual GDP growth slows in Q1, contracts by 0.1 pct QoQ
Unemployment stays at 11.2 pct in Apr, youth jobless down by 5 points at 27.4 pct
Manufacturing grows in May, but at slowest pace in last four months
March sees first retail sales fall for two years, volumes show consumption diving
Budget primary surplus of 1.19 bln in Jan markedly better than target
Greece’s budget primary surplus rose to 1.19 billion euros in January from 443 million last year, the Finance Ministry (MoF) preliminary budget bulletin displayed on Monday.
The marked improvement primarily reflects a sharp increase in the Public Investment Budget (PIB) surplus to 430 million (from just 52 million last year), coupled with a rise in revenues (before tax refunds) and lower primary expenditure.
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