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Athens Macedonian News Agency: News in English, 12-05-11

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

  • [01] Greek budget cash deficit down 55% in Jan-Apr

  • [01] Greek budget cash deficit down 55% in Jan-Apr

    AMNA / Greece's central government cash deficit shrank by 55 pct in the January-April period this year, compared with the corresponding period in 2011, the Bank of Greece announced on Friday.

    The central bank, in a report, said the central government cash deficit decreased to 3.061 billion euros in the first four months of 2012, from 6.820 billion euros in the corresponding period of 2011. During this period, ordinary budget revenue remained virtually unchanged and amounted to 14.720 billion euros, from 14.717 billion euros last year. amna

    Ordinary budget expenditure decreased by 10 pct to 18.479 billion euros from 20.589 billion euros in January-April 2011. The central bank said that the Public Investments Programme reported a surplus of 549 million euros in the January-April period, from a deficit of 703 million euros in the same period last year.www.amna.gr


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