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GreekReporter.com Greek News Economy Greek Budget Shows Primary Surplus of 4.647 Billion Euros in November

Greek Budget Shows Primary Surplus of 4.647 Billion Euros in November

The Greek state budget primary surplus amounted to 4.647 billion euros, in the January-November period this year, from a budget target for a surplus of 3.074 billion euros.
However; this is down from a primary surplus of 5.757 billion euros in the corresponding period of 2016.
More specifically, based on state budget execution data, on an amended cash basis, the state budget showed a deficit of 774 million euros in the 11-month period, from a surplus of 353 million in the same period last year, and a budget target for a deficit of 2.347 billion.
Net budget revenue totaled 45.130 billion euros in the January-November period, down 0.3 pct from targets, while regular budget net revenue amounted to 43.748 billion euros, up 1.2 pct from targets.
(Source: AMNA)

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