Greek gg primary cash surplus at 2.2 bln in 2014, arrears down to 3.75 bln

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Greek gg primary cash surplus at 2.2 bln in 2014, arrears down to 3.75 bln

EconomyMacroeconomy 06/02/2015 - 12:42 Tags: Arrears, Budget, MoF, Revenues, Taxes

The Greek general government (gg) primary cash balance showed a surplus of 2.18 billion euros in 2014 from deficit of 884 million in 2013, according to the gg bulletin published by the Ministry of Finance (MoF) on Friday.

The MoM decline by 803 million euros is mainly attributed to lower SSF arrears (down by 484 million) followed by hospitals (down by 148 million) and state budget (down by 118 million).

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