Greek central government debt inches down to 320.42 bln in Q1

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Greek central government debt inches down to 320.42 bln in Q1

Economy 21/05/2014 - 14:41 Tags: Debt

Greece’s central government debt slipped by 1.06 billion quarter on quarter in Q1 2014 to 320.42 billion from 321.48 billion in the previous quarter, according to the Finance Ministry debt bulletin published on Wednesday.

The quarterly movement reflects redemptions of long-term bonds issued domestically (1.85 billion) and Financial Support Mechanism (FSM) loans (1.3 billion) more than offsetting a net increase in repo loans by 2.07 billion.

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