11-month primary budget surplus at 7.4 bln€

Thursday, 29 December 2016 18:49
UPD:19:02
REUTERS/LEONHARD FOEGER

On a revised cash basis, the budget balance reaches a surplus of 2.023 billion euros, as opposed from a deficit of 1.852 billion euros in the corresponding period of 2015.

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A primary budget surplus of 7.416 billion euros was recorded over the first 11 months of the year, up from 4.339 billion euros in the corresponding period of 2015, and surpassing a fiscal target of 3.553 billion euros.

On a revised cash basis, the budget balance reaches a surplus of 2.023 billion euros, as opposed from a deficit of 1.852 billion euros in the corresponding period of 2015.

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