Primary deficit of 1.5 bln€ in Jan-Feb 2021 period

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primary-deficit-of-1.5-blne-in-jan-feb-2021-period

Primary deficit of 1.5 bln€ in Jan-Feb 2021 period

Friday, 26 March 2021 22:07

UPD:22:09

The balance of Greece’s state budget for the Jan-Feb 2021 period posted a deficit of 3.3 billion euros, compared with a goal of a deficit of 4.5 billion euros included for the corresponding period the preliminary report for the entire 2021 budget. The same figure for the first two-months of 2020 was 1.1 billion euros.

On a modified cash basis, the primary result was a deficit of 1.5 billion euros, down from a target of 2.7 billion euros, and a primary surplus of 800 million euros in the corresponding period of 2020.

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