Greek 2017 primary surplus confirmed at 4 pct, well above target

EconomyMacroeconomy Tags: Debt, ELSTAT

Greece’s statistics agency, ELSTAT, announced on Monday the fiscal data for the period between 2014 and 2017 in the context of the first Excessive Deficit Procedure (EDP) notification of 2018.

The data was produced under the new Regulation ESA 2010 for the System of National Accounts. ELSTAT makes a specific point of highlighting that the calculation of the primary balance for the Economic Adjustment Program uses a different statistical treat...

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