Greek budget showed a primary surplus of 6.08 billion euros in Jan-Oct

The Greek state budget recorded a primary surplus of 6.08 billion euros in the January-October period, up from a budget target for a surplus of 5.607 billion and a primary deficit of 350 million euros in the corresponding period last year, the Finance ministry said in a report on budget execution in an amended cash basis. CE Report quoting Athens-Macedonian

More specifically, net revenue totaled 53.925 billion euros, up 49 million from targets, while regular budget revenue was 59.474 billion, up 49 million from targets. Tax revenue was 50.718 billion, up 33 million from targets reflecting a 2.0 million euros increase in VAT revenue to 19.585 billion, an 8.0 million euros rise in special consumption tax revenue to 5.806 billion, a 1.0 million euros rise in property tax revenue to 2.235 billion and a 15 million increase in income tax revenue to 16.934 billion euros. Social contribution revenue totaled 48 million, transfer revenue was 5.098 billion euros, up 4.0 million from targets, selling of goods and services totaled 734 million euros, up 7.0 million from targets and other revenue totaled 2.871 billion.

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