mgiakoumis.com
Greek June budget execution – Revenues rebounded, yet continued falling short of targets; bottom-line much better-than-expected
Revenues (excl. tax refunds) rebounded in June (up 2.0%), after easing by 14.9% and 12.8% in the previous two months, bringing the 6-month figure down 4.5% y-o-y. Nevertheless, 6M’12 revenues conti…