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Greece records considerable primary surplus in Jan-Aug

ofir.minster
  • September, 2023

Source: Newsroom

21/9/2023

 

Greece’s central government budget recorded a primary surplus of 5.56 billion euros in the January-August period this year, from a deficit of €481 million in the corresponding period in 2022, the Bank of Greece said on Wednesday.

The central bank attributed this development to an increase in revenue to €39.7 billion, from €35.7 billion the previous year, while spending eased to €39 billion from €39.253 billion.

The cash deficit was €964 million in the eight-month period from a deficit of €5.58 billion in 2022.

Interest spending rose to €5.5 billion from €5 billion last year.

link: https://www.ekathimerini.com/economy/1220465/greece-records-considerable-primary-surplus-in-jan-aug/

 

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