Building activity down 15.2 pct in Feb for sharpest drop since 2020
VAT and income taxes drive revenue and budget outperformance in April
EC reports highlight tight fiscal path and economic challenges
Travel surplus continues to grow in March, up 55 pct YoY in Q1
Current account deficit widens to 2.4 bln in Mar, oil deficit more than doubles
Industrial turnover posts slowest growth in 2 years, up 1.5 pct in March
State arrears to Nov fell to 5.86 bln but 1.96 bln of new debts created in 2013
The Greek general government (gg) cash deficit to November fell by 54 percent to 4.43 billion with the gg cash primary surplus dropping by 14.3 percent to 1.99 billion from 2.31 billion last year, according to the bulletin released by the Ministry of Finance (MoF) on Tuesday.
The disclosed gg data is on a cash basis, incorporating payment of previous years’ state arrears of 4.69 billion, which distorts the gg fiscal balance for this year. Furthermore, it includes SMP and ANFA income of 2.18 billion euros that is not incorpor...
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