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Economic sentiment recovers 3.4 pts in Sept, buoyed by rise in services
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Building permits turn positive in June, but rise for H1 settles at just 1.3 pct YoY
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Despite strong annual growth, flow of loans to enterprises in Aug at lowest since Jan
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Deposits growth slows to 89 mln in Aug as corporations record back-to-back drops
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Budget primary balance to Aug beats target by almost 6 bln as VAT, income and property taxes drive revenue outperformance
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Tourism jobs tumble in Aug, ending 6-month run of positive hirings balance
General government primary cash surplus substantially widens to 5.3 bln by September, arrears edge down to 6.2 bln
Greece’s general government (gg) primary cash surplus notably widened by 2.89 billion to 5.33 billion in the 9-month period of 2016 from 2.44 billion a year ago, the Finance Ministry (MoF) gg bulletin displayed on Wednesday.
The substantial improvement is mostly attributed to a remarkable expansion of the extrabudgetary funds’ surplus by 1.8 billion to 2.5 billion, while social security funds (SSFs) balance turned to a surplus of 923 million from deficit of 225 million last...
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