Limited arrears clearance in first two months of 2017

EconomyMacroeconomy Tags: Arrears, MoF

Greece cleared arrears of just 48.6 million euros in February, bringing the total figure to 68.3 million for the year to date, the Finance Ministry (MoF) bulletin for the payment of arrears revealed.

Of the total amount for February, 28.1 million relate to arrears’ clearance of the five general government (gg) bodies, namely state budget, local governments, hospitals, social security funds (SSFs) and extrabudgetary funds. The remaining 20.5 million ...

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