Greece's primary budget surplus totals €1.51 billion in the first five months of the year

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19 June 2015

Greece's primary budget surplus totals €1.51 billion in the first five months of the year

Greece's Finance Ministry said on Thursday that Greece's primary budget surplus totalled €1.51 billion in the first five months of the year. Finance Ministry's calculation excludes the budgets of social security organizations and local administrations. This calculation is different from the calculation by Greece' creditors.

The primary budget deficit target was €556 million for the five-month period.

Tax revenues totalled €17.05 billion (target: €18.01 billion), while public spending totalled €20.03 billion.

Bank of Japan keeps its monetary policy unchanged, BoJ Governor Haruhiko Kuroda expects consumer price inflation to achieve the central bank's 2% target around April to September 2016

United Kingdom: PSNB, bln, May -9.35 (forecast -10.5)

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