Displaying items by tag: primary surplus

Greece recorded a primary budget surplus of 2.270 billion euros in 2015, up from a surplus of 1.872 billion euros in 2014 but down from a revised budget target for a surplus of 3.257 billion, the Finance ministry said on Friday.

According to the final data available for the execution of the State Budget on a modified cash basis, the State Budget balance for the period January - July of 2015 presented a deficit of 840 million Euros against the target of deficit of 1,375 million Euros and the deficit of 1,736 million Euros for the same period of 2014.

Greece plans to lower its 2015 primary surplus target of 3% only marginally, sticking "close to" the number in its budget, according to a finance ministry official.