July travel surplus of 2.14 bln affirms comeback for tourism sector
Rise in wages index slows to 2.5 pct in Q2 but hits six successive quarters of growth
Current account turns surplus in July as travel steps up
RRF injection pushes primary balance above target, but regular tax revenues short by 504 mln
Spurred by rising employment, Q2 unemployment drops to 10-year low of 15.8 pct
Unemployment rate down to 14.2 pct in July, lowest since Nov 2010
General government primary cash surplus triples to 3 bln by February, arrears climb to 6.1 bln
Greece’s general government (gg) primary cash surplus tripled to 3 billion in the first two months of 2016 from 1 billion in the corresponding period last year, the Finance Ministry (MoF) gg bulletin showed on Friday.
The remarkable fiscal performance mostly reflects a considerable improvement in the state budget figure, which climbed to 2.55 billion from 850 million last year. Extrabudgetary funds and Local government also recorded a rise in their primary cash surpl...
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