The Greek state's primary budget surplus over the first eight months of 2018, according to provisional finance ministry figures released on Friday, shows an significant over-performance in terms of reaching the annual goal.
The Greek state's primary budget surplus over the first eight months of 2018, according to provisional finance ministry figures released on Friday, shows an significant over-performance in terms of reaching the annual goal.
Specifically, the surplus reached 3.139 billion euros, easily beating a prescribed goal of 917 million euros, and only slightly lower than a 3.544-billion-euro primary budget surplus posted during the same period in 2017.
The state's budget balance posted a deficit of 1.238 billion euros, down from a target of 3.384 billion euros, and a deficit of 1.271 billion euros over the first eight-month period of 2017.
State revenues reached 31.851 billion euros, exceeding the target by 919 million (or 3 percent). Spending eased to 33.089 million euros, even lower than the 34.316 billion euros budgeted.