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Greece: Jan – Apr 2017 State Budget Execution & April 2017…

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Global Economic & Market Outlook – Focus Notes (Tuesday, June 6 2017)

Greece: January – April 2017 State Budget Execution & April 2017 General Government Arrears

  • According to the final State Budget Execution data for January – April 2017, the budget balance recorded a deficit of ca €1.14 bn, ca €0.90 bn narrower relatively to the respective 2017 Budget (B17) target (deficit €2.04 bn). The primary balance recorded a surplus of ca €1.73 bn, outperforming the B17 target (primary surplus €0.80 bn) (Table 1).
  • In more detail, ordinary budget net revenue for January – April 2017 (Fig.1) amounted to ca €14.56 bn, lower by ca €0.16 bn (or -1.1%) compared to the respective B17 target but €0.45 bn (or 3.2%) higher than the corresponding 2016 figure.

Viewers can log herebelow and read the full report: GR MACRO MONITOR_30 May 2017

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