ELSTAT revises 2015 primary surplus downward to 0.15 pct of GDP, slightly ups debt

EconomyMacroeconomy Tags: Budget, Debt, ELSTAT, Revenues

The second notification of the annual fiscal data published by the Hellenic Statistical Authority (ELSTAT) on Thursday revealed a lower 2015 primary surplus and higher debt compared to the initial figures published in its first notification on April 21.

In particular, the updated ELSTAT figures showed that the general government primary balance for 2015, according to the European System of Accounts (ESA 2010), recorded a deficit of 6.91 billion euros, up from 6.05 billion in April. Adding back the cost...

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