greek budget


Greek debt

How Greece kept its budget on track in Q1

ATHENS | May 11, 2015 | By Manos Giakoumis via MacroPolis Recent Greek budget data showed the huge revenue gap of 968 million euros recorded in January narrowed to 389 million by the end of the first quarter (Q1) of 2015. At the same time, primary expenditure, which was just 53 million better than target in January, displayed a strong outperformance of 1.18 billion by the end of March.