Arrears payments of 915 mln in Aug bring total to 1.4 bln over two months

EconomyMacroeconomy Tags: Arrears, MoF
Photo by Damian Mac Con Uladh
Photo by Damian Mac Con Uladh

The government accelerated its efforts to clear arrears in August, when the figure more than doubled to 915 million euros from 440 million in July, according to the Finance Ministry (MoF) bulletin published on Friday.

This means Greece has cleared a total of 1.36 billion euros of arrears in the 2-month period, while transfers for arrears clearance have reached 1.85 billion, of which 1.67 billion was transferred in July.

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