Greek Budget Records Primary Surplus of 4.392 Bln Euros in 2016

Greek state budget recorded a primary surplus of 4.392 billion euros in 2016, surpassing a primary surplus of 2.270 billion in 2015 and a budget target for surplus of 1.983 billion euros, the Finance ministry said on Tuesday.
Regular budget net revenue surpassed budget targets by 1.8 billion euros in the 12-month period, while Public Investment program spending totaled 2.8 billion euros in December, a significant increase compared with previous months.
In December, tax returns surpassed targets by 180 million euros, money channeled to the real economy.
(source: ana-mpa)