Economic sentiment recovers 3.4 pts in Sept, buoyed by rise in services
Building permits turn positive in June, but rise for H1 settles at just 1.3 pct YoY
Despite strong annual growth, flow of loans to enterprises in Aug at lowest since Jan
Deposits growth slows to 89 mln in Aug as corporations record back-to-back drops
Budget primary balance to Aug beats target by almost 6 bln as VAT, income and property taxes drive revenue outperformance
Tourism jobs tumble in Aug, ending 6-month run of positive hirings balance
General govt primary cash surplus expands to 3.3 bln at end-June, arrears rise to 7.2 bln
Greece’s general government (gg) primary cash surplus expanded considerably to 3.33 billion euros in the first half of 2016 from just 245 million in the corresponding period last year, the Finance Ministry (MoF) gg bulletin showed on Thursday.
In absolute terms, the state budget and the extrabudgetary funds’ primary cash surpluses amounted to 2.22 and 1.31 billion respectively, both remaining steadily the key positive contributors to the overall positive gg balance. Local governments’ balance...
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