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Despite strains, manufacturing remains in growth as Nov PMI reaches 50.9 pts
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Falling energy costs drive down producer prices by 13.5 pct in Oct
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Retail sales rise by 3.3 pct in Sep, but falling volume reflects challenges
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Unemployment rate drops below 10 pct in Oct for first time since Sep 2009
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Economic sentiment stable in Nov, consumer confidence slides further
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Credit growth at 2.1 pct in Oct, but flow negative by 856 mln
Despite payment of some arrears, total reached 4.6 bln at end of 2013
The Greek general government (gg) cash deficit narrowed by 48 percent to 7.05 billion in 2013 with the gg cash primary surplus dropping by 36.4 percent to 450 million from 707 million in 2012, according to the bulletin released by the Ministry of Finance (MoF) on Tuesday.
The disclosed gg data is on a cash basis, incorporating settlement of previous years’ state arrears and refunds of 6.16 billion, which distorts the gg fiscal balance for this year. Furthermore, it includes SMP income of 2.03 billion euros that is not in...
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