PBO sees medium-term risks mounting, despite positive near-term outlook
Despite boost from travel, current account deficit hits 9.74 bln in Jul, up 43 pct YoY
Energy pushes industrial turnover growth up by 38.9 pct YoY in Jul, as index records rare monthly drop
Tax overperformance continues in Aug, as budget balance beats target by close to 6 bln
Property prices rise by 9.4 pct in Q2, close to all-time high
Q2 unemployment drops to 12.4 pct, reflecting seasonality in job market
Budget primary surplus of 2.5 bln in first half of 2016, revenues rebound in June
Greece’s budget primary surplus widened to 2.48 billion euros in the first half of 2016, up by 31.5 percent from the 1.88 billion recorded in the corresponding period last year, the Finance Ministry (MoF) preliminary budget execution bulletin displayed on Tuesday.
Following the double digit growth in primary expenditure in June, total expenditure in the first half rose by 2.7 percent to 22.69 billion, 2.47 billion lower than target.
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