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Greece primary surplus revised to 4.3% of GDP

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Christian Fernsby ▼ | October 21, 2019
Greece’s the primary budget surplus target in 2018, stood at 4.3% of GDP or 7.9 billion euros, slightly revised downwardly from initial estimates which were for 4.4% primary surplus.

KEY POINTS
  • Greece general government budget showed a surplus of 1.1 billion euros
  • The debt to GDP ratio stood at 181.2%
  • The year-ago figure was 176.2% of GDP

Greek port Perama
Europe   The general government budget showed a surplus of 1.1 billion euros
National Statistics Service or ELSTAT said that in the context of the second Excessive Deficit Procedure (EDP) notification of 2019.

Topics: Greece surplus GDP

Also, the general government budget showed a surplus of 1.1 billion euros, of 1.0% of GDP.

The debt to GDP ratio stood at 181.2%, reaching 334.7 billion euros. The year-ago figure was 176.2% of GDP.

In 2018, both spending and revenues declined to 47.0 and 48.0 billion euros.

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