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Economic sentiment improves markedly in Feb to 107.7 pts
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Building activity continued recovery in Nov with 9.9 pct YoY rise
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Jan primary surplus beats target due to 1.7-bln-euro underspend
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Travel receipts for 2025 break new record at 23.63 bln as visitors approach 38 mln
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Despite strong close in Dec, industrial turnover up by just 0.3 pct YoY in 2025
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Despite sharp increase in Dec, current account deficit improves markedly in 2025 to 14.11 bln
Budget primary surplus of 2.1 bln in 2-month on large underspend in Feb
The budget primary balance posted a surplus of 2.12 billion euros in the 2-month period of 2017, 25.6 percent lower than the respective figure of 2.85 billion in the corresponding period last year, the Finance Ministry’s (MoF) preliminary budget execution bulletin revealed on Tuesday.
This year’s primary surplus beat the target by 1.26 billion. This largely reflects primary expenditure coming in 866 million below the target, coupled with a gross revenue (revenues before tax refunds) outperformance of 517 million.
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