Revenues 705 mln short in June but expenditure above target by 961 mln

Economy

Greece’s budget primary surplus widened to 1.88 billion euros in the first half of the year, from 1.51 billion in the 5-month period, and 707 million in the first half of last year, according to the Finance Ministry (MoF) preliminary budget bulletin published on Tuesday.

Although the MoF did not comment on the revenue underperformance in June, our understanding that it reflects the further delay in the collection of the first instalment of the corporate income tax until July 20, with June revenues estimated at 300 milli...

You need a subscription to access our analysis. Please choose one of the packages available.

If you are already registered, please sign in.

Free Access

Read some of our analysis for no charge

By signing up to MacroPolis, readers will be able to read four of our articles without charge each month. They will not have access to our data or weekly e-newsletter.

Standard Access

Our analysis and data at your fingertips

Subscribers will be able to read the full range of our articles, access our statistics and charts, and receive our weekly e-newsletter for €450 per year.

€450.00

Full Access

A tailor-made service for professionals

Apart from having access to all our analysis and data, subscribers will be able to consult one-on-one with our analysts.