Greek Budget Shows Primary Surplus of 1.842 Billion Euros in January-May

Thursday, June 15th, 2017
Last Update: 13:34

The Greek state budget showed a primary surplus of 1.842 billion euros in the January-May period, up from a primary surplus of 1.456 billion in the same period last year and a budget target for a surplus of 1.050 billion, official figures said on Wednesday.

A report on state budget execution, on an amended cash basis, showed that the general government deficit was 1.240 billion euros in the five-month period, from a shortfall of 1.649 billion in 2016 and a budget target for a deficit of 2.033 billion euros.

Net revenue was 18.684 billion euros, up 1.0 million euros from targets, while regular budget net revenue was 17.917 billion euros, down 3.0 million from budget targets.(Source: ANA-MPA)

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