Greece closes 2013 with 691 mln budget primary surplus despite late investment spend

EconomyMacroeconomy Tags: Budget, MoF, Revenues, Taxes

Greece’s 2013 budget execution showed a primary surplus of 691 million euros (0.4 percent of GDP) from a deficit of 3.46 billion last year, according to the preliminary data released by the Ministry of Finance (MoF) on Tuesday.

The state budget deficit narrowed 65.9 percent to 5.35 billion (2.9 percent of GDP) from 15.69 billion (8.1 percent) in 2012.

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