BoG: Greek cash primary surplus 1.7 billion euros in January-September

Greece’s primary budget surplus totaled 1.7 billion euros on an cash basis in the January-September period, down from 4.0 billion euros in the same period last year, the Bank of Greece said on Thursday.

The central bank, in a report, said that the central government’s cash result showed a deficit of 1.067 billion euros in the nine-month period, from a shortfall of 1.144 billion euros in the corresponding period in 2016.

Regular budget revenue was 34.065 billion euros in the January-September period, down from 34.851 billion last year. Regular budget spending – including repayment of state arrears worth 1.696 billon euros – totaled 37.664 billon euros, up from 36.051 billion in the same period last year.