The Ministry of Finances has published its divs regarding the implementation of the budget from January to May, revealing a 707-million-euro primary surplus and a 1.99-billion euro deficit.
According to the Ministry of Finances, the primary surplus of 707 million euros was above the 208-million-euro goal which had been set, due to the dramatic restriction of expenses. This, however, was possible due to EOPPY not paying an estimated 580 million euros worth of debt that it has generated in 2014.
Regarding the budget deficit, the Ministry pointed out it that during the same period last year it was 3,843 million euros and that the latest prediction suggested it would be 2,559 million euros.
During this five-month period, the state collected 19.6 billion euros, about 40 million euros (0.2%) more than its target, with the net revenue amounting to 17.3 billion euros, 57 million euros (0.9%) more than planned. The state expenses came to 21.59 billion euros, which was 529 million euros less than the latest target.
The Ministry of Finances’ set of divs (in Greek) is available here.
