Sharp drop in gg primary surplus by end-April, arrears keep rising

EconomyMacroeconomy Tags: Arrears, Budget, MoF, Revenues, Taxes
Photo by MacroPolis
Photo by MacroPolis

The general government (gg) primary cash surplus narrowed by more than 59 percent to 651 million euros in the 4-month period of 2015 from 1.6 billion in the corresponding period last year, according the gg bulletin published by the Ministry of Finance (MoF) on Friday.

The breakdown of the four key gg entities continued to display mixed trends for this year.

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