BUSINESS

Tax revenues underperformed in the first half

PROKOPIS HATZINIKOLAOU

TAGS: Finance

The course of tax revenues in the first half of the year is a cause for concern at the Finance Ministry, as they came in 25 million euros below the target set for the January-June period, according to the latest official data.

Restricted spending improved the budget picture, which showed a primary surplus of 635 million euros against 1.93 billion in the same period last year.

If the Public Investments Program had been executed as planned, the budget would have had a primary deficit.

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