Revision sees 2016 fiscal surplus at 0.5 pct of GDP

EconomyMacroeconomy Tags: Budget, Debt, ELSTAT

As part Greece’s obligation in relation to the Excessive Deficit Procedure (EDP) notification of 2017, Greece’s statistical authority, ELSTAT, announced on Monday the revised fiscal data for the 2013–2016 period.

The text includes revisions for all prior years and from the previous release in April this year due to more updated data and changes in accounting methodologies.

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