New tax debt at 2.31 bln March, rising by 685 mln month-on-month
General govt primary deficit at 3.87 bln in March; spending soars
Trade deficit rises by 27.1 pct in March as imports surge
Industrial production up by 5.5 pct in March
PMI rises to 54.4 points in April, highest since February 2020
Credit growth in March slows to 2.9 pct; monthly inflow 403 mln
General govt primary cash surplus falls to 1.2 bln in Q1, arrears edge down to 5.05 bln
Greece’s general government (gg) primary cash surplus dropped by 1.17 billion euros to 2.04 billion in the first quarter (Q1) of 2017 from 3.22 billion a year ago, the Finance Ministry (MoF) gg bulletin revealed on Friday.
Only social security funds (SSFs) posted a marked improvement. Their primary cash balance turning from a deficit of 72 million euros last year to a surplus of 1.01 billion this year. In addition, local governments also showed a modest rise of 36 million...
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