Finance Ministry announces €2.3bn primary surplus in Jan-May 2016

27 June 2016
85 Views

The 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.

You may be interested

Mexico: Huge earthquake topples buildings, killing nearly 250
SLIDE
shares44 views
SLIDE
shares44 views

Mexico: Huge earthquake topples buildings, killing nearly 250

Panos - Sep 20, 2017

A strong earthquake has struck central Mexico, killing at least 248 people and toppling dozens of buildings in the capital,…

Weather forecast: Mostly fair
GREECE
shares37 views
GREECE
shares37 views

Weather forecast: Mostly fair

Panos - Sep 20, 2017

Wind velocity will reach 6 on the Beaufort scale. Clouds and rain in the northern and western parts of the…

Athens Newspapers Headlines
GREECE
shares49 views
GREECE
shares49 views

Athens Newspapers Headlines

Panos - Sep 20, 2017

Leave a Comment

Your email address will not be published.