Greek primary budget exceeds target in first two months of 2018

27 March 2018
1090 Views

Greece posted a primary budget surplus of 2.75 billion euros in the first two months of 2018, beating a target of 1.3 billion euros, and up 28.9 percent from the same figure in the corresponding period of 2017 (2.14 billion euros), the finance ministry announced. The higher than expected surplus was attributed to a bigger dividend (614.2 million euros) paid out to the Greek state by the Bank of Greece, and higher revenues from a Public Investments Program.

Net revenues over the first two months of the year reached 8.97 billion euros, exceeding the target by 14.5 percent. Spending, conversely, was off target by 310 million euros.

You may be interested

Greece: 7,000 applications for adult movies
GREECE
shares22 views
GREECE
shares22 views

Greece: 7,000 applications for adult movies

Panos - Jun 23, 2021

After the first casting of the newly formed production company SugarBabes.tv in September 2019 and the endless queues of about…

Menendez Bill passed unanimously & goes to Senate for approval
DEFENCE
shares13 views
DEFENCE
shares13 views

Menendez Bill passed unanimously & goes to Senate for approval

Panos - Jun 23, 2021

The new bill on US-Greek defense cooperation was approved by the Senate Foreign Relations Committee with universal support. Now the…

Signatures for Line 4 of the Metro – Mitsotakis: The country is turning the page (videos)
FINANCE
shares18 views
FINANCE
shares18 views

Signatures for Line 4 of the Metro – Mitsotakis: The country is turning the page (videos)

Panos - Jun 23, 2021

The signatures for the biggest construction project that is taking place after Attiki Odos, fell tonight in Galatsi, where in…

Leave a Comment

Your email address will not be published.