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Industrial turnover back in contraction again in Mar, falling by 6 pct YoY -
Central govt debt drops to 405.54 bln in Q1, bonds rise by 3bln -
Vehicles licences jump by 36.3 pct in Apr thanks to strongest car sales since 2010 -
Primary balance at 3.25 bln in Apr, above target thanks to favourable timing -
EC makes minor adjustment to growth forecast, at 2.2 pct for 2024 -
Import price index up by 1.3 pct YoY in Mar for first rise in 13 months
Cash deficit widens as Greece pays off state arrears
The central government net balance to September on a cash basis showed the deficit widening to 8.88 billion euros from 6.53 billion last year, according to the Bank of Greece (BoG). At the same time, the primary cash deficit also expanded to 3.32 billion from 543 million.
It is worth noting that the budget deficit to September narrowed to 2.67 billion euros with the primary surplus at 2.62 billion, according to Ministry of Finance (MoF) preliminary data. The key difference in the reported BoG and MoF figures is primarily...
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