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Greek Jan-June government primary budget surplus beats target

Greece's central government attained a primary budget surplus of 617 million euros ($722.20 million) in the first six months of the year, well above target, thanks to much lower spending.


Reuters Greece
Updated: 16-07-2018 19:02 IST

Greece's central government attained a primary budget surplus of 617 million euros ($722.20 million) in the first six months of the year, well above target, thanks to much lower spending, finance ministry data showed on Monday.

The government was targeting a primary budget deficit - which excludes debt-servicing costs - of 465 million euros for the January-to-June period, meaning the surplus outperformed the target by 1 billion euros. ($1 = 0.8543 euros)

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COUNTRY : Greece

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