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Budget overperformance in Aug fuelled by VAT and income tax, spending significantly contained
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Travel balance to July soars by 19 pct, reaching almost 9 bln
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Agriculture output prices jump 28.7 pct YoY in Jul, despite input costs falling
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Industrial turnover drops by 10.2 pct in Jul, driven by foreign markets and manufacturing
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Current account deficit shrinks to 7 bln in 7 months as energy and imports ease
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Loans managed by servicers broadly stable in Q2 at 71.16 bln
Five-month budget primary surplus of 2.27 bln, revenues outperform in May
Greece’s budget primary surplus stood at 2.27 billion euros in the 5-month period of 2016 up by more than 50 percent from last year’s figure of 1.51 billion, the Finance Ministry (MoF) preliminary budget execution bulletin showed on Thursday.
The state budget deficit fell by almost 41 percent from last year to 828 million euros in the 5-month period outperforming target by 3.05 billion.
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