Greece: January-May 2016 State Budget Execution, & May 2016 arrears
Global & Regional Focus Notes
12 Ιουλίου 2016
According to the final State Budget Execution data for January – May 2016, the budget balance recorded a deficit of ca €0.81 bn, improved relatively to the respective 2016 Budget (B16) target (deficit €3.88 bn). The primary balance recorded a surplus of ca €2.28 bn, significantly outperforming the B16 target (primary deficit of ca €0.82 bn).