State Budget Primary Surplus at 2.7 Billion Euros in Jan-Jun 2016, Central Bank Reports

State Budget Primary Surplus at 2.7 Billion Euros in Jan-Jun 2016, Central Bank Reports

Central government net borrowing needs on a cash basis in Greece fell to 526 million euros in January-June 2016, down from 1.851 billion euros in the same period in 2015, the central bank announced on Friday. The state budget primary surplus rose to 2.755 billion euros in the same period, from 1.3 billion euros in the first half of 2015.
During this period, ordinary budget revenue amounted to 20,690 million euros, compared to 19,113 million euros in the corresponding period of last year. Revenue of 43 million euros regarding Securities Markets Programme (SMP) income transfers from the Bank of Greece were excluded. Ordinary budget expenditure amounted to 22,182 million euros, from 21,470 million euros in January-June 2015, the Bank of Greece announcement said.


Previous Next
Test Caption
Test Description goes like this
Cookies Preferences
Choose Type of Cookies You Accept Using

These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.

These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.

These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.