ECONOMY

Central gov’t budget deficit narrows in January-April

Greece said on Friday its budget deficit at central government level shrank in the first four months of the year, remaining on track to meet fiscal targets under the country’s international bailout.

The reading narrowed to 330 million euros ($432.14 million) from 1.7 billion euros in the same period last year, the finance ministry said in a statement. That compared to a deficit of 1.7 billion euros in the same period last year.

The budget figure excludes the budgets of local authorities and social security organizations.

[Reuters]