Budget primary surplus of 1.19 bln in Jan markedly better than target

EconomyMacroeconomy Tags: Budget, MoF, Revenues, Taxes
Photo by MacroPolis
Photo by MacroPolis

Greece’s budget primary surplus rose to 1.19 billion euros in January from 443 million last year, the Finance Ministry (MoF) preliminary budget bulletin displayed on Monday.

The marked improvement primarily reflects a sharp increase in the Public Investment Budget (PIB) surplus to 430 million (from just 52 million last year), coupled with a rise in revenues (before tax refunds) and lower primary expenditure.

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.