General government primary cash surplus to Oct rises to 6.1 bln, arrears slip to 6.3 bln

EconomyMacroeconomy Tags: Arrears, Budget, MoF, Revenues, Taxes

Greece’s general government (gg) primary cash surplus expanded by 1.37 billion euros to 6.08 billion in the 10-month period of 2016 from 4.71 billion in the corresponding period last year, the Finance Ministry (MoF) gg bulletin showed on Friday evening.

Arrears to the private sector (including tax refund arrears) decreased at the slowest pace over the last four months by 43 million in October after a drop of 56 million in September. Overall, arrears have been reduced by 1.07 billion since June and stoo...

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