EL.STAT: Primary budget surplus for 2016 is reaching 3.9% of GDP

For a forth time in a row the state budget closed with a surplus exceeding the bailout target

21.04.2017 17:14

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For a forth time in a row the state budget closed with a surplus exceeding the bailout target.

According to ELSTAT the state budget achieved a 3,9% primary surplus, more than eight times higher than its bailout target, which was 0,5% of GDP.

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