Greek Dec Budget Revenue EUR6.03 Billion; Above Target by EUR114 Million
January 17 2017 - 4:33AM
Dow Jones News
By Nektaria Stamouli
ATHENS--Greece registered a primary budget surplus of 4.39
billion euros ($4.69 billion) in 2016, data from the finance
ministry showed Tuesday, beating the target by EUR2.4 billion
because of lower spending and higher revenues.
The state budget only takes into account central government
operations and doesn't include general government accounts, which
comprise local government and a portion of military spending in
addition to some social-welfare expenditure.
Total revenue for the period from January to October reached
EUR53.96 billion, exceeding its target by EUR1.6 billion, the
ministry said.
Budget outlays for the same period reached EUR55.15 billion,
lower than the target by EUR817 million, it said.
On a monthly basis, Greece's budget revenue reached EUR6.03
billion in December, EUR114 million above target.
Write to Nektaria Stamouli at nektaria.stamouli@wsj.com
(END) Dow Jones Newswires
January 17, 2017 05:18 ET (10:18 GMT)
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