Greece’s state budget showed a reduced primary surplus in the two-months period January-February 2024 on a cash basis, compared to the corresponding period last year.
According to data from the Bank of Greece (BoG), the primary surplus stood at 2.1 billion euros compared to 3.7 billion euros in the corresponding period last year.
The central government cash balance recorded a surplus of 346 million euros, compared to a surplus of 1.299 million euros in the same period of 2023.
This development reflects the increase in regular budget revenues which amounted to 10.696 billion euros, from 9.613 billion euros last year while budget expenditures amounted to 9.552 billion euros, up from 9.524 billion euros in the January-February 2023 period.
SOURCE; ANA-MPA
