Primary surplus up to 3.9 pct of GDP in 2016, far above target

EconomyMacroeconomy Tags: Debt, ELSTAT, Revenues
Photo by Panayotis Tzamaros/Fosphotos
Photo by Panayotis Tzamaros/Fosphotos

Greece’s general government primary surplus climbed to 3.9 percent of GDP in 2016, according Hellenic Statistical Authority (ELSTAT) first notification published on Friday.

The headline figure confirms recent comments made by the government and top eurozone officials indicating that the fiscal outcome in 2016 was well in excess of 3 percent of GDP. In addition, it stands way above the programme target of 0.5 percent of GDP.

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 two 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.


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.