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Budget primary surplus jumps to 1.19 bln in Jan, largely on rising PIB revenues

Confirming preliminary data, Greece’s budget primary surplus improved to 1.19 billion in January from 443 million last year, the Finance Ministry (MoF) final budget bulletin showed on Friday.
The primary surplus for January exceeded the target of 307 million euros by 882 million. This is attributed to lower primary expenditure (by 438 million) and a PIB balance outperformance (by 421 million, which outstripped the revenue underperformance of...
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