Greece: January - August 2017 State Budget Execution, General Government Arrears & 2018 Draft Budget

According to the final State Budget Execution data for January – August 2017, the budget balance recorded a deficit of ca €1.27 bn, ca €0.04 bn lower relatively to the respective Medium Term 2018-21 (MTFS) target (deficit of €1.23 bn). The primary balance recorded a surplus of ca €3.54 bn, underperforming the MTFS target by €0.03 bn (primary surplus of €3.57 bn).