Greece's primary budget surplus for 2018 was finalized at 4.3 percent of GDP, according to figures released on Monday by the country statistics authority, EL.STAT, easily exceeding the 3.5-percent target demanded by European creditors until 2022.
Greece's primary budget surplus for 2018 was finalized at 4.3 percent of GDP, according to figures released on Monday by the country statistics authority, EL.STAT, easily exceeding the 3.5-percent target demanded by European creditors until 2022.
If the current government's commitment stands, then 2018's "over-performance" will be the last year in which the Greek state posts a figure above the target.
The goal for the ongoing year is for the same figure to hover at the 3.5-percent target, with an earlier payment of a heating oil subsidy envisioned, a lower pre-payment of taxes for businesses and an "emergency" slush fund for a possible extraordinary bonus to low-income beneficiaries.