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Global Economic & Market Outlook – Focus Notes (Thursday, March 3, 2016)
Greece: January 2016 State Budget Execution, end-of-2015 arrears and public debt
According to the final State Budget Execution data for January 2016, the budget  balanced recored a deficit of ca Euro 1.07 billion improved relatively to the respective 2016 Budget (B16) target  (surplus 0.20 bl). The primary balance recorder a surplus of ca Euros 1.19bl, significantly outperforming the B16 target (primarily surplus of ca Euros 0.31bl).
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GLOBAL FOCUS NOTE_MARCH 3 BUDGET EXECUTION FINAL
