Budget primary surplus of 2.68 bln in first quarter, but March trims outperformance

EconomyMacroeconomy Tags: Budget, MoF, Taxes

Greece’s budget primary surplus climbed to 2.68 billion in the first quarter of 2016 from 1.73 billion last year, the Finance Ministry (MoF) preliminary budget bulletin showed on Friday.

However, the monthly balance shows a primary deficit of 359 million from surplus of 494 million in March 2015. In the previous two months of this year, the budget execution had displayed a primary surplus of 1.19 billion in January and 1.85 billion in F...

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