Greece central govt primary surplus narrows to €2.15B in 8 months

Greece's central administration primary result fell to €2.15 billion in the first eight months, down from €7.8 billion a year earlier, reflecting a sharp fiscal deterioration. The state primary budget result came in at €961 million. This signals a significant fiscal slippage, likely due to higher spending or lower revenues, which could pressure Greek bond spreads and fiscal credibility.