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Athens Macedonian News Agency: News in English, 15-04-21

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

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

CONTENTS

  • [01] Budget revenues sharply down in Q4 2014

  • [01] Budget revenues sharply down in Q4 2014

    ANA/MPA---Budget revenues fell sharply in the fourth quarter of 2014 to 21.862 billion euros, from 25.205 billion in the corresponding period in 2013 and 25.544 billion euros in the same period in 2012, Hellenic Statistical Authority said on Tuesday.

    The statistics service, in a report, attributed this development to an almost vertical drop in income and property tax revenues to 3.867 billion euros in the October-December period from 5.848 billion in 2013 and 6.311 billion in 2012 reflecting taxpayers' inability to meet their heavy tax obligations.

    Budget spending fell to 25.077 billion euros in the fourth quarter of 2014, from 26.189 billion in 2013. Primary spending fell to 23.426 billion euros from 24.426 billion over the same periods, with social benefits dropping to 9.752 billion euros from 10.029 billion. The country's public debt totaled 317.094 billion euros at the end of 2014.


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