State primary budget for Jan.-July beats target, at 2.046 bln euros

The Greek state budget recorded a primary surplus of 2.046 billion euros for the January-July period, exceeding its target of 929 million euros by 1.117 billion euros, the Finance Minister said on Friday.

In July, revenues from private income tax statements beat targets by 163 million euros, partly due to the first installment of taxes owed the state.

On the other hand, revenue from businesses fell short by 381 million euros, attributed to the extension of deadlines for filing granted.

State budget spending for the seven months were higher by 325 million euros compared to the same period last year. An additional 213 million euros have been handed out for the social dividend and 230 million euros for family supplements.