New tax debt at 5.79 bln to November, rising by 847 mln month-on-month
Travel balance falls by 62.9 pct in November
Primary cash balance deficit at 17.82 bln in 2020
Current account shows deficit of 1.26 bln in November
Industrial turnover drops by 2.9 pct in November
Budget primary shows deficit of 18.20 bln in 2020, total deficit at 22.81 bln
Fiscal Council optimistic on 2016 target, sees next year’s goals as feasible
The Greek Fiscal Council published on Tuesday its first semi-annually report on fiscal and macroeconomic developments, presenting its views on the 2017 draft budget and whether targets will be met this year and next.
A more detailed macro and fiscal outlook will be available after the completion of the second programme review and the tabling of the Medium-Term Fiscal Strategy (MTFS), the report notes.
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