Greek Jan-Apr primary budget surplus rises above 1 bln despite revenue shortfall

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Greek Jan-Apr primary budget surplus rises above 1 bln despite revenue shortfall

Economy 23/05/2014 - 15:17

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 last year, according to the final figures released by the Ministry of Finance (MoF) on Friday.

The state budget deficit to April narrowed by 52.8 percent to 1.15 billion euros. Both headline figures show a marginal deviation of just 2 million compared to the preliminary data published on May 13.

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