New tax debt at 2.31 bln March, rising by 685 mln month-on-month
General govt primary deficit at 3.87 bln in March; spending soars
Trade deficit rises by 27.1 pct in March as imports surge
Industrial production up by 5.5 pct in March
PMI rises to 54.4 points in April, highest since February 2020
Credit growth in March slows to 2.9 pct; monthly inflow 403 mln
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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