Greece Surpasses Budget Goal
The Greek Finance Ministry confirmed today that the nation surpassed its set budget target for the first six months of 2014, that included a 712 million euro primary surplus.
The government's target goal was a 635 million deficit, according to ekathimerini. Deputy Finance Minister Christos Staikouras remarked,"Fiscal targets are being met for a third consecutive year".
Last year's same timeframe held a 1.5 billion euro deficit. Compared to last year's revenue income of 22.6 billion euros, this year's generated 23.6 billion euros, while spending decreased to 26.03 billion euros from 27.6 billion euros.
Related items
-
Israeli Minister: Electrical interconnection with Greece and Cyprus is top priority
-
Finance Ministry: Greece a champion in real GDP per capita growth in Europe
-
State Department: The US is in constant contact with Greece and Ukraine - Blinken expresses gratitude
-
Deputy US Special Climate Envoy: We support Greece’s role in diversifying energy sources with its Balkan neighbors
-
Greece: Gateway for Indian agricultural products to the EU