Greece reports 2.279-bln-euro primary budget surplus in Jan-July

Greece on Thursday reported a primary budget surplus of 2.279 billion euros in the January-July period, from a primary surplus of 2.555 billion euros in the corresponding period last year and a budget target for a primary surplus of 800 million euros, the Finance ministry said.

In a report, the ministry said that the general government’s deficit fell to 1.736 billion euros in the seven-month period, from a deficit of 1.929 billion in the same period last year and a budget target for a deficit of 3.360 billion euros. Net budget revenue totalled 29.530 billion euros in the January-July period, up 2.3 pct from budget targets, while net regular budget revenue totalled 26.240 billion euros, up 1.7 pct from budget targets.

Tax revenue totalled 24.485 billion euros, up 1.4 pct from budget targets.