Drop in revenues drives Jan central government primary cash deficit to 149 mln

EconomyMacroeconomy Tags: BoG

Greece’s central government primary cash balance recorded a deficit of 149 million euros in January 2015 from surplus of 812 million last year, according to the Bank of Greece (BoG).

Cash expenditure fell 11.3 percent to 3.2 billion. The drop in the respective state budget execution item was slightly lower at -9.9 percent.

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