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Athens News Agency: News in English, 07-03-30

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 deficit down 82.5 pct in Jan-Feb

  • [01] Greek budget deficit down 82.5 pct in Jan-Feb

    The Greek budget deficit shrank by 82.5 percent in the first two months of 2007, the finance ministry said on Friday.

    The budget deficit fell to 42 million euros in the January-February period, from 240 million euros in the same period last year, with the regular budgetâs revenues up 7.5 pct in the two-month period, exceeding a budget target for a 5.5 pct growth rate in the year.

    Spending grew by 7.7 pct, after a 25.3 pct growth rate in January, year-on-year, reflecting lower primary spending in the two-month period.

    Spending in a Public Investments Programme totaled 489 million euros in January-February, while proceeds totaled 810 million euros (up 563.9 percent from last year).


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