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Hellenic Primary Surplus Exceeds Target

In the first five months of 2014, the central government of Greece held a 711 million euro primary budget excess, in comparison to a 970 million euro deficit in last year's same timeframe, as confirmed by Deputy Finance Minster Christos Staikouras today.

Staikouras stated that the generated funds exceeded the nation's goal, by approximately 500 million euros. However, this central government figure doesn't include social security and local administration budgets; interest payments to aid the nation's debt are not included in the primary surplus.