Legislation of fiscal measures continued into 2018 with the enactment in January of Law 4512/2018 in the context of the completion of the programme’s third review. According to the Introductory Report to the 2018 Budget, the primary surplus for 2017 is projected to reach 2.44% of GDP, against a target of 1.75%.
However, based on the available fiscal data, it is estimated that the 2017 primary budget balance will exceed this forecast.