Greek cash balance in surplus in January-February

ANA-MPA — Greece’s central government cash balance recorded a surplus of 429 million euros in the January-February period this year, compared to a deficit of 920 million in the same period in 2015, the Bank of Greece said on Wednesday.

The central bank, in a report, said that during this period, ordinary budget revenue amounted to 7,585 million euros, compared to 6,735 million in the corresponding period of last year. Revenue of 43 million euros from Securities Markets Programme (SMP) income transfers from the Bank of Greece is excluded. Ordinary budget expenditure amounted to 7,779 million euros, from 7,677 million in January-February 2015.