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Greek budget records 5% decline in January-October

State budget showed a deficit of 793 million euros

Newsroom November 25 02:01

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State budget net revenue totaled 39.755 billion euros showing a decline of 5.0% from a revised target, while regular budget net revenue totaled 36.660 billion euros showing a decline of 4.9% from targets, the Finance Ministry stated in its report.

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Greek state budget reported a primary surplus of 4.532 billion euros in the January-October period compared with the primary surplus of 2.654 billion for the same period last year and a revised target for a surplus of 2.424 billion euros.

Also, the ministry said that the state budget showed a deficit of 793 million euros in the 10-month period, from a deficit of 2.448 billion in 2014 and a revised target for a deficit of 2.881 billion euros.

 

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