Draft 2023 budget sees growth cooling to 2.1 pct, primary surplus at 0.7 pct
Despite PMI rise of 0.9 pts in Sept, manufacturing stays in contraction for third month
Unemployment stable at 12.2 pct in August despite strong tourism season
Producer prices up by 39.5 pct in Aug, reversing trend of monthly drops
Retail sales grow by 11.9 in Jul, but volume data continues to tell different story
Economic sentiment recovers 3.4 pts in Sept, buoyed by rise in services
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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