Greece’s finance ministry released earlier today preliminary data on the State Budget execution in
the first quarter of 2015.
The year-to-March Central Government budget recorded a €500mn
deficit, which compares with a targeted shortfall of €2, 111mn. In a similar vein, the primary balance (which excludes interest payments) recorded a surplus of €1, 735mn, significantly outperforming the €119mn budget target and a surplus of €1, 541mn generated in Q1 2014 (see Table).
In more detail, the pdf herebelow includes all the report; please log on: