During the period between January and August 2018, the General Government of Greece achieved a primary budget surplus of €3.14 billion ($3.67 billion), thanks to higher-than-expected revenues and lower spending.
The Government’s budget was expected to have a primary deficit of €917 million ($1.069 billion) for the first 8 months of 2018, so it outperformed the target by €2.2 billion ($2.56 billion).
This number indicates the country’s finances and according to the Finance Ministry’s data and is well above what the Government was expecting.
Greece projects a Primary Budget Surplus of 3.8 percent for 2018, 0.3 percent higher than the country’s obligation according to the bailout program.
See all the latest news from Greece and the world at Greekreporter.com. Contact our newsroom to report an update or send your story, photos and videos. Follow GR on Google News and subscribe here to our daily email!
