Greek Six-Month Public Revenue Drops 1.5%, Kathimerini Says

Greece’s public revenue in the first six months of the year was about 1 billion euros ($1.2 billion) less than its budget target for the period after it dropped 1.5 percent compared with the year earlier, Kathimerini reported, without saying how it got the information.

Net revenue increased 1 percent in June compared with the same month in 2011, while total revenue for the month, which is before tax refunds, declined 0.5 percent from June 2011, the Athens-based newspaper said.