Greek Budget Shows Primary Surplus of 3.157 Billion Euros in Jan-Aug

Greek Budget Shows Primary Surplus of 3.157 Billion Euros in Jan-Aug

The Greek state budget showed a primary surplus of 3.157 billion euro in the January-August period, down from a primary surplus of 3.544 billion euro in the same period last year, but up from a budget target for a surplus of 917 million euro.
The Finance Ministry, in an announcement, said that the state budget (general government) showed a deficit of 1.220 billion euro in the eight-month period, down from a budget target for a shortfall of 3.384 billion euro and a deficit of 1.271 billion euro last year. Net revenue was 31.869 billion euro, up 937 million or 3.0 pct from budget targets, while regular budget net revenue was 30.434 billion euro, up 1.102 billion or 3.8 pct from targets.

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