Greek Budget Primary Surplus for Jan-Oct at 5.33 Bln Euros-Data

Greek Budget Primary Surplus for Jan-Oct at 5.33 Bln Euros-Data

Greece's budget recorded a primary surplus of 5.331 billion euros in the ten months to October 2017, compared with a primary surplus of 4.859 billion euros in the same period last year versus a target of 2.752 billion euros, according to finance ministry data on Friday.
According to the data, the period January-October 2017, saw a general government surplus of 145 million euros against a deficit of 342 million euros in the corresponding 2016 period and a deficit target of 2,434 billion euros (included in the draft budget report 2018) for the corresponding period of 2017.
Ordinary budget net revenues amounted to 39,243 million euros, 325 million euros or 0.8 percent, higher than the target of 2018 budget.
Particularly, between January and October 2017, there was an increase against the target mainly in the following revenue categories:

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