Cash deficit to November rises to 9.9 bln as Greece pays off arrears

EconomyMacroeconomy Tags: BoG

The central government net balance to November on a cash basis showed the deficit widening by 30 percent to 9.96 billion euros from 7.67 billion last year, according to the Bank of Greece (BoG).

At the same time, the primary cash deficit also expanded to 4 billion from a surplus of 21 million in the corresponding period last year.

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