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Manufacturing conditions continued to improve in July, despite cost pressures
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Fuels propel 10.1% rise in retail sales for May despite volume drop
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Eurobank profits at 738 mln in H1, commissions jump by 13.5% to 414 mln
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Producer price index slows to 8.8% YoY in June, as energy continues to have impact
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Economic sentiment moderates slightly in July, while consumer confidence rises
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Unemployment rate stable at 8% in June
Primary surplus up to 3.9 pct of GDP in 2016, far above target
Greece’s general government primary surplus climbed to 3.9 percent of GDP in 2016, according Hellenic Statistical Authority (ELSTAT) first notification published on Friday.
The headline figure confirms recent comments made by the government and top eurozone officials indicating that the fiscal outcome in 2016 was well in excess of 3 percent of GDP. In addition, it stands way above the programme target of 0.5 percent of GDP.
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