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General government primary cash surplus grows to 4 bln by end-July, arrears fall to 6.9 blnzzzz
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Bank credit contracts by 1.6 pct in Oct on loan deductions of 308 mln
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Deposits rise to 124.6 bln in Oct on inflows of 1 bln
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OECD expects Greek economy to recover, stresses need for structural reforms and debt relief
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Eurosystem funding falls by another 4.4 bln in August
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Who pays property tax and how much revealed by Greek authorities
Record revenue shortfall of 2.83 bln in July shrinks primary surplus outperformance
Greece’s budget primary surplus significantly widened to 3.53 billion euros in the 7-month period of 2015 from 1.88 billion in the first half, according to the Finance Ministry (MoF) preliminary budget bulletin published on Thursday.
This means that the primary surplus in July reached 1.65 billion euros, which is the highest monthly reading in 2015 and is attributed to a jump in revenues above the 5-billion-euro mark for the first time this year.
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