Greece has achieved a 4.2% primary surplus of the GDP fo 2017, according to official data released by the Hellenic Statistical Authority. Earlier the EC Vice-President Valdis Dombrovskis tweeted on his account: “Positive news on #Greece: new #Eurostat data show that Greece has again outperformed its fiscal targets. In 2017, the primary surplus in programme terms has reached 4.2% of GDP instead of 1.75% of GDP target. Good news in the view of the programme conclusion in August!”

Positive news on #Greece: new #Eurostat data show that Greece has again outperformed its fiscal targets. In 2017, the primary surplus in programme terms has reached 4.2% of GDP instead of 1.75% of GDP target. Good news in the view of the programme conclusion in August! pic.twitter.com/b8Z4XN7nRK

>Related articles

Greek primary schools lose 30,000 first-year pupils in a decade as population ages

ELSTAT: Unemployment rate falls to 7.9% in July – Kerameus: We continue our efforts to reduce it further

Greece’s €4.77 billion climate plan gets green light from European Commission

— Valdis Dombrovskis (@VDombrovskis) April 23, 2018

Based on the data released, the over 4% figure exceeded the target of the current bailout programme which had been set at 1.75%. “The achievement of a primary surplus of 4% of GDP for 2017, according to the Greek Statistical Authority, demonstrates for one more year the credibility of financial management.”, the Greek Finance Ministry said in a statement.