Greek state budget primary surplus of 3.06 billion euros in the January-August period

The Greek state budget showed a primary surplus of 3.06 billion euros in the January-August period, from 2.3 billion in the same period last year, the Bank of Greece said on Monday.

The central bank, in a report on the country’s budget on a cash basis, said that the state budget deficit shrank to 2.0 billion euros in the eight-month period from 2.5 billion in 2014.

The central government cash budget showed a deficit of 1.7 billion euros in the first eight months of 2015, from a deficit of 2.6 billion euros last year. This development reflected both a decline in regular budget revenues and a decline in spending over the January-August period.