Travel balance of 14.13 bln to Sep beats 2019 record
Budget sees Greece outdoing peers with 1.8 pct growth, 0.7 pct primary surplus in 2023
Travel receipts almost double, but current account deficit rises by 78 pct in 9M
Industrial turnover grows by 23.5 pct in Sep for lowest rise since end-2022
Public debt records back-to-back quarterly drops, falling to 393.49 bln in Q3
Job market slows this year as 67,202 fewer jobs created up to Oct
Budget primary surplus to Oct confirmed at 6.5 bln, 2.9 bln above revised target
Greece’s budget primary surplus was confirmed at 6.5 billion euros in the 10-month period of 2016 from 4.53 billion a year ago, the Finance Ministry (MoF) final budget execution bulletin showed on Thursday.
Despite the upward revision, the 10-month primary surplus still stands 2.93 billion above target. The outperformance mostly reflects a higher PIB balance (by 878 million), stronger revenue collection (by 825 million) and underspend (by 726 million).
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