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Greece heads for another record tourism season after strong August receipts
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Energy and capital goods drive 17.8% YoY rise in industrial turnover for Aug
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Strong fiscal performance meets hard spending limits
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Taxes continues to drive budget outperformance in September
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Energy drives 13.8% YoY jump in August import prices
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Car sales bounce back with 1.2% YoY rise in September
Greece records primary cash deficit in 2013
Greece’s 2013 central government net balance on a cash basis showed the deficit widening by 19.6 percent to 12.79 billion euros from 10.7 billion last year, according to the Bank of Greece (BoG).
At the same time, the primary cash deficit also expanded to 6.72 billion from 2.55 billion in 2012. In fact, when excluding arrears repayments the 2013 cash position comes to small primary deficit of 579 million.
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