Browsing Tag

primary surplus

Greek budget shows primary surplus of 729 mln euros in Jan.

In January 2019, the Greek state budget recorded a primary surplus of 729 million euros, compared to an expected deficit target of 103 million euros. The same month in 2018 recorded a primary surplus of 1,797 million euros, according to the…

Primary surplus fed by allowance cuts

The government failed to pay out the social solidarity income, hospital doctors and nurses’ extra shift payments, as well as other allowances, so that it will have the necessary liquidity to distribute the so-called social dividend and…