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IMF's latest macro and fiscal estimates reflect economic stability
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Tax collections and contained spending take primary surplus 4.15 bln above target in Sep
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Accelerated drop in energy drives import prices down by 2.4 pct YoY in Aug
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Government budgeting on a late RRF sprint
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New vehicles drive car sales up by 20.7 pct YoY in Sep
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Electricity pushes industrial production down by 2.9 pct YoY in Aug
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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