Record revenue shortfall of 2.83 bln in July shrinks primary surplus outperformance

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Travel balance to July soars by 19 pct, reaching almost 9 bln 22/09/2023 - 09:16
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Record revenue shortfall of 2.83 bln in July shrinks primary surplus outperformance

EconomyMacroeconomy 13/08/2015 - 11:56 Tags: Budget, MoF, Revenues, Taxes

Greece’s budget primary surplus significantly widened to 3.53 billion euros in the 7-month period of 2015 from 1.88 billion in the first half, according to the Finance Ministry (MoF) preliminary budget bulletin published on Thursday.

This means that the primary surplus in July reached 1.65 billion euros, which is the highest monthly reading in 2015 and is attributed to a jump in revenues above the 5-billion-euro mark for the first time this year.

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