Budget primary surplus of 2.5 bln in first half of 2016, revenues rebound in June

EconomyMacroeconomy Tags: Budget, MoF, Revenues, Taxes

Greece’s budget primary surplus widened to 2.48 billion euros in the first half of 2016, up by 31.5 percent from the 1.88 billion recorded in the corresponding period last year, the Finance Ministry (MoF) preliminary budget execution bulletin displayed on Tuesday.

Following the double digit growth in primary expenditure in June, total expenditure in the first half rose by 2.7 percent to 22.69 billion, 2.47 billion lower than target.

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