ECONOMY

Greek Jan-November government primary budget surplus beats target

Greek Jan-November government primary budget surplus beats target

Greece’s central government achieved a primary budget surplus of 7.61 billion euros in the eleven months to November, well above target, thanks to higher revenues and lower spending, finance ministry data showed on Friday.

The government was targeting a primary budget surplus — which excludes debt-servicing costs — of 4.07 billion euros for the January-to-November period. The surplus outperformed the target by 3.54 billion euros. [Reuters]

Subscribe to our Newsletters

Enter your information below to receive our weekly newsletters with the latest insights, opinion pieces and current events straight to your inbox.

By signing up you are agreeing to our Terms of Service and Privacy Policy.