Greek Jan-May primary budget deficit at 8.16 bln euros, misses target

Capt. John

Greece’s central government posted a primary budget deficit of 8.16 billion euros ($9.89 billion) in the first five months of the year, higher than its target due to lower tax revenue and higher spending, finance ministry data showed on Tuesday. The government was targeting a primary budget gap, which excludes debt-servicing costs, of 7.16 billion …

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Author: Capt...

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