Budget deficit up in Q1, Bank of Greece report says

Budget deficit up in Q1, Bank of Greece report says

The Greek state budget reported a cash deficit of 6.8 billion euros in the first three months of 2021, the Bank of Greece said on Friday. The central bank, in a report, said that the cash deficit of the central government was 6.840 billion euros in the January-March period, from a deficit of 3.5 billion euros in the corresponding period in 2020. The primary deficit was 3.9 billion euros, from a shortfall of 326 million last year. The ordinary budget deficit was 7.0 billion euros in the first quarter from a deficit of 3.5 billion 2020, reflecting an increase in budget spending on pandemic support measures. Budget spending rose to 16.057 billion euros from 13.8 billion last year, while budget revenues were stable at 10.1 billion euros from 10.6 billion, respectively.


Previous Next
Test Caption
Test Description goes like this
Cookies Preferences
Choose Type of Cookies You Accept Using

These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.

These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.

These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.