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Hiring balance stays negative in Jan as new hires drop YoY
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Car sales rise strongly in March, up 6.4 pct YoY in Q1
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Underspend and rising tax revenues push primary surplus to 4.39 bln by March
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IMF sees war having moderate impact on economy, while fiscal outlook remains solid
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Iran war fallout impacts Mar prices as energy drives 3.9 pct YoY CPI rise
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Energy drives import price drop of 3.2 pct YoY in Feb
Primary cash balance records deficit of 404 mln euros in 4-month period
Greece’s central government primary cash balance turned to a deficit of 404 million euros in the first four months of 2017, from a surplus of 2.93 billion euros last year, Bank of Greece (BoG) figures showed on Thursday. This year’s figure includes arrears’ repayments of 544 million, of which 112 million were paid in April.
The overall cash balance also recorded a deficit of 188 million euros, from a surplus of 205 million euros a year ago. This includes a one-off item of around 2 billion, related to National Bank (NBG) revenues from the sale of Finansbank, which were tran...
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