Greece: January – September 2016 State Budget Execution, and August 2016 General Government Arrears
Global & Regional Focus Notes
27 Οκτωβρίου 2016
Δρ Θεόδωρος Σταματίου, Ανώτερος Οικονομολόγος της Eurobank
According to the final State Budget Execution data for January – September 2016, the budget balance recorded a surplus of ca €0.59 bn, €3.62 bn narrower relatively to the respective 2016 Budget (B16) target (deficit €3.02 bn). The primary balance recorded a surplus of ca €5.44 bn, significantly outperforming the B16 target (primary surplus €1.91bn).
