Current account shows deficit of 874.5 mln in July as travel receipts disappoint
Industrial turnover drops by 16.2 pct in July as manufacturing slows
Unemployment edges up to 16.7 pct in Q2 as tourism jobs dry up
Primary cash deficit at 5.78 bln in August
Budget primary shows deficit of 6.61 bln in August
Overdue social security contributions rise to 37 bln in Q2
Draft budget contains two scenarios on pensions, charts course within agreed fiscal targets
The Finance Ministry (MoF) tabled on Monday afternoon in Parliament’s Economic Affairs Committee the draft budget for 2019, which contains its fiscal estimates as well as the underlying macro assumptions.
This is the first budget since the end of 2009 that is being submitted outside a programme, although Greece is now under the European Commission’s enhanced surveillance framework following the debt relief measures agreed at the June Eurogroup. Greece is...
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