Greece announces €2.3 billion primary surplus for Jan-May 2016

TornosNews.gr 27.06.2016 | 15:31
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Greece announces €2.3 billion primary surplus for Jan-May 2016Greek State budget net revenue amounted to €19.208bn and the ordinary budget net revenue to €17.263bn

The Greek Ministry of Finance has announced that a 2.282 billion euro primary surplus has been achieved in the five-month period between January and May 2016.

In greater detail, the ministry’s figures show an 814-million-euro deficit in the state budget during the five month period, which is down from the 1.399-billion-euro deficit last year and the budget target for 2016, which was a 3.88 billion euro deficit.

Meanwhile the primary surplus amounted to 2.282 billion euros, compared to a 1.506 billion euro surplus last year and with the target being an 820-million-euro primary deficit.

The state budget’s net revenue amounted to 19.208 billion euros, which was 328 million euros (1.7%) above the target. Similarly, the ordinary budget’s net revenue amounted to 17.263 billion euros, increased by 773 million euros (4.7%) of the target for 2016.

Source: tovima.gr

RELATED TOPICS: Greece, Greek tourism news, Tourism in Greece, Greek islands, Hotels in Greece, Travel to Greece, Greek destinations , Greek travel market, Greek tourism statistics, Greek tourism report

 

 

 

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