Greece records considerable primary surplus in Jan-Aug
[Reuters]
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.
