Greek Budget Primary Surplus at 3.8 Billion Euro in Jan-Sept

Greek Budget Primary Surplus at 3.8 Billion Euro in Jan-Sept

Greek state budget primary surplus totaled 3.8 billion euro in the January-September period, up from 3.0 billion in the corresponding period last year, the Bank of Greece said on Thursday. The central bank, in a report, said that the central government recorded a deficit of 1.626 billion euro in the nine-month period on a cash basis, up from a shortfall of 1.067 billion euro in the same period last year. Regular budget revenue totaled 35.801 billion euro, up from 34.065 billion in 2017, while regular budget spending (including 2.274 billion euro in payment of state arrears to the private sector) totaled 37.691 billion euro from 37.664 billion in January-September 2017.

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