Primary budget surplus passes 1-bln mark for 2014 but revenue shortfall widening

Photo by MacroPolis
Photo by MacroPolis

Greece’s budget execution showed a primary surplus of 1.05 billion euros in the first four months of 2014 from a primary deficit of 306 million in the corresponding period last year, according to the preliminary data released by the Ministry of Finance (MoF) on Tuesday.

The state budget deficit to April narrowed by 52.8 percent to 1.14 billion euros.

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