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Economic sentiment stable in Nov, consumer confidence slides further
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Credit growth at 2.1 pct in Oct, but flow negative by 856 mln
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Deposits drop by a sharp 2.14 bln in Oct, driven by corporations
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Aug sees second annual drop in building activity with 4 pct decline
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Final budget data for Oct verifies solid tax revenues on back of indirect and income tax haul
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Despite slowdown, property prices jump by 11.9 pct YoY in Q3
Budget primary surplus at 4.66 bln in 11-month as expenditure falls, revenues rise
The budget primary balance recorded a surplus of 4.66 billion euros in the first 11 months of 2017, decreasing by 19.1 percent against last year’s figure of 5.76 billion euros, the Finance Ministry (MoF) preliminary budget execution bulletin showed on Thursday.
The primary surplus surpassed its target for the first 11 months of the year, beating the goal by 1.58 billion euros. Primary expenditure came to 37.43 billion euros, 912 million euros below the target.
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