Budget execution shows primary surplus of 711 mln, 503 mln ahead of target

EconomyMacroeconomy Tags: Budget, MoF, Revenues, Taxes

Greece’s budget execution showed a primary surplus of 711 million euros in the 5-month period from a primary deficit of 970 million in the corresponding period last year, according to the preliminary data released by the Ministry of Finance (MoF) on Thursday.

The state budget deficit to May narrowed by 48.3 percent to 1.99 billion euros.

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