Greece Macro Monitor – Focus Notes (Friday, November 9, 2018)
Greece: January – September 2018 State Budget Execution & General Government Budget Arrears
According to the final State Budget Execution data for January – September 2018 the overall fiscal balance registered a surplus of Euro 0.28bn versus a Medium Term Fiscal Strategy 2019-22 (MTFS) deficit target of Euro 1.84bn. The State Budget Primary Balanced registered a surplus of Euros 4.80bn versus a MTFS surplus target of Euros 2.5bn....