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Building activity down 15.2 pct in Feb for sharpest drop since 2020
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VAT and income taxes drive revenue and budget outperformance in April
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EC reports highlight tight fiscal path and economic challenges
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Travel surplus continues to grow in March, up 55 pct YoY in Q1
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Current account deficit widens to 2.4 bln in Mar, oil deficit more than doubles
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Industrial turnover posts slowest growth in 2 years, up 1.5 pct in March
Budget primary surplus jumps to 1.19 bln in Jan, largely on rising PIB revenues
Confirming preliminary data, Greece’s budget primary surplus improved to 1.19 billion in January from 443 million last year, the Finance Ministry (MoF) final budget bulletin showed on Friday.
The primary surplus for January exceeded the target of 307 million euros by 882 million. This is attributed to lower primary expenditure (by 438 million) and a PIB balance outperformance (by 421 million, which outstripped the revenue underperformance of...
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