Greek budget posts 1.726 bln€ primary surplus over January-April period

Thursday, May 25th, 2017
Last Update: 10:20
The surplus was above targets due to a significant decrease of expenses at EUR 16.44bn vs a target of EUR 18.17bn. On the other hand, net revenues came EUR 827mn short of targets at EUR 15.3bn.

The figures were released by the finance ministry on Wednesday on the execution of the state budget - amended on cash basis.

Conversely, the budget posted a deficit of 1.142 billion euros in the four-month period, higher than a 973-million-euro deficit over the same period in 2017 and a target of a deficit of 2.042 billion euros.

State budget net revenue was 15.300 billion euros, down 5.1 percent from budget target, while regular budget net revenue was 14.558 billion euros, down 1.1 percent from targets.

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