December 26, 2012

November deficit data beat target

The primary deficit of the state budget amounted to just 1.4 billion euros in the first 11 months of the year, which is 2.1 billion euros smaller than the original target, Finance Ministry figures show.

The deficit has been contained to such a great extent due to the non-disbursement of funds for the Public Investment Program and the building up of state arrears. Read more.

Ekathimerini

Related,
Economic crisis tarnishes Christmas in Greece (video) - teleSUR
Tax evasion scrutinized - Ekathimerini

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