Primary surplus may top €1bn

A senior Greek official told Reuters that 2013 primary surplus may exceed previous forecasts and top €1bn. Same source noted that “data from the general government, social security organisations and hospitals are good and this is why the surplus may exceed €1bn”. It is reminded that the latest official forecast (incl. in 2014 budget) calls…

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General government primary cash surplus at €967m

Greek Ministry of Finance announced that general government deficit, according to cash data, stood at €982m in 3M ’13 from €4,662m in 3M ‘12, down 78.9% y-o-y, with primary surplus at €967m down 59.4% y-o-y, incorporating: · state budget (i.e. central government) deficit of €2,638m (3M ’12: €6,197m) and primary deficit of €764m (3M’12: surplus…

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General government cash surplus at €72m in 2M’12 (MoF)

Greek Ministry of Finance announced yesterday that general government surplus, according to cash data, stood at €72m in 2M ’13 from €2,295m in 2M ‘12, with primary surplus at €1,375m down 57.1% y-o-y, incorporating: -state budget (i.e. central government) deficit of €1,007m (2M ’12: surplus of €597m) and primary surplus of €268m (2M’12: €1,459m). -extrabudgetary…

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