Primary surplus amounts to 4.34 billion euros at the end of November

The Ministry of Finances announced that the primary surplus amounted to 4.34 billion euros at the end of November, which is…

The Ministry of Finances announced that the primary surplus amounted to 4.34 billion euros at the end of November, which is about 2.65 billion above targets, due to reduced expenses. This sum does not include the cost of servicing the public debt, as well as local government bodies and pension funds.

According to the Ministry’s divs, the net state revenue in the 11-month period amounted the 41.04 billion euros, which is about 1.35 billion euros less than the original target. This shortfall however was covered by the lower expenses during the same period, which came to 42.48 billion euros, when the target was 44.82 billion euros.

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