Primary budget surplus 923 mln short of target in Jan as revenues fall by 18.4 pct

Economy

Greece’s final budget execution data confirmed preliminary figures released on February 12 and showed the primary surplus halved to 443 million euros in January from 835 million last year.

The primary surplus figure for January missed the target of 1.37 billion by 923 million entirely attributed to a revenue shortfall of 968 million, while expenditure was almost 100 million better than target.

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