ECONOMY

State budget revenues reach €7 bln in July making up for 1H shortfall

Greece’s state budget revenues reached 7 billion euros in July, making up for a shortfall in the first half of the year, said Alternate Finance Minister Christos Staikouras on Monday.

Staikouras said that this kept Greece on track to achieve a primary surplus by the end of the year.

Revenues from the Public Investment Budget were at 2.2 billion euros, well above the target of 700 million euros, he added.

Staikouras said that ordinary budget revenues were at 4.7 billion euros in July, which was 14.3 percent up on last year and 2.5 percent ahead of the target.