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Athens Macedonian News Agency: News in English, 15-07-14
CONTENTS
[01] Greece reports above-target primary surplus in Jan-Jun 2015
[01] Greece reports above-target primary surplus in Jan-Jun 2015
ANA-MPA -- Greece's state budget primary surplus grew further to 1.876
billion euros in the January-June period this year, from a primary
surplus of 707 million euros in the same period in 2014 and from a
budget target for a primary surplus of 1.235 billion.
According to preliminary budget execution data, on an amended cash
basis, the state budget showed a deficit of 1.422 billion euros in the
six-month period, from a deficit of 2.419 billion euros last year.
Net budget revenue totaled 21.820 billion euros, down 4.0 pct from
targets, while regular budget revenues totaled 19.791 billion euros,
down 7.8 pct from targets. Tax returns reached 1.328 billion euros in the
six-month period, down 123 million euros from targets. Public Investment
Program revenue surpassed targets by 759 million euros to 2.029 billion
in the January-June period. In June, net state budget revenues fell
10 pct from targets, while regular budget revenues dropped 20 pct from
monthly targets and tax returns fell short of targets by 19 pct. Public
Investment Program revenues grew by 342 million euros. State budget
spending totaled 23.242 billion euros, down 4.090 billion euros from
targets, while regular budget spending reached 22.088 billion euros,
down 3.044 billion from targets. Regular budget spending fell short by
6.7 pct from targets, while Public Investment Program spending reached
1.154 billion euros, down from a budget target of 2.20 billion and
down by 1.208 billion euros compared with the same period last year.
In June, state budget spending reached 3.218 billion euros, down 1.462
billion from monthly targets, while regular budget spending totaled
3.035 billion, down 1.104 billion from targets.
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