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Travel balance falls by 70.9 pct in September as 12.6 bln in receipts vanish in aggregate
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Revised 2021 budget sees bigger contraction, slower recovery and support of 31.4 bln euros
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Current account shows deficit of 498.8 mln in September on declining services and oil receipts
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Industrial turnover drops by 10.7 pct in September on decline in petroleum products
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Central government debt increases by 1.99 bln to 364.86 bln in Q3
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Primary cash balance at deficit of 9.04 bln in October
Final budget for 2019 excludes pension cuts, includes 910 mln in expansionary measures
Following the formal approval by the European Commission on Wednesday as part of the European semester, the Finance Ministry tabled to Parliament the final budget for 2019.
The efforts of the Greek authorities to avert the pre-legislated pension cuts that were due to take effect in January bore fruit as the measure was scrapped. The budget also did not contain the package of countermeasures, which had been intended to make...
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