Thursday November 27, 2014 Search
Weather | Athens
14o C
8o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
May figures show greater improvement

By Sotiris Nikas

Alternate Finance Minister Christos Staikouras confirmed on Monday that the primary surplus of the general governments budget for the first five months of the year reached 1.22 billion euros, against a primary deficit of 1.61 billion euros in the same period a year earlier and a 1.68-billion primary surplus in the first four months of 2014.

The data that the ministry published on Monday also showed a decline in the expired debts of the state to the private sector, most of which originate at social security funds: They owed 2.94 billion euros against 2.96 billion at the end of April.

In the year to end-May the expired debts (which also include pending tax rebates) amounted to 5.13 billion euros, down from 5.23 billion in the year to end-April. This is the first time since the start of this year that expired debts have shown a monthly decline, while in comparison with December 2013 the debts have grown by 489 million euros.

The government views the debts data as a particularly positive sign given that May was an election month but the state authorities functioned well enough to reduce the amount accumulated despite that.

ekathimerini.com , Monday Jul 7, 2014 (23:27)  
Bank of Cyprus posts 76 million euro nine-month profit
ILO report warns of prolonged social crisis unless steps are taken in employment
Greek tobacco firm Papastratos planning 25-mln-euro investment
Bourse index recovered on Wednesday
Greece says EU/IMF bailout exit could be delayed for technical reasons
Greece may have to delay by a few days or weeks its planned exit from an EU/IMF bailout by the end of the year, the country's deputy prime minister said on Thursday, citing "technical reason...
Ship with 700 migrants safely towed to Greek coast
Officials say a broken-down smuggling ship carrying 700 men, women and children trying to emigrate to Europe has been safely towed to just off the southern Greek island of Crete. Authorities...
Inside News
SOCCER
Atletico drubs Olympiakos 4-0, leaving Reds with slim chances of CL qualification
Atletico Madrid avenged its 3-2 defeat in Piraeus in September with a 4-0 win over Olympiakos on Wednesday, meaning the Greek champion only has mathematical hopes left for a spot in the next...
SOCCER
Atletico eyes last 16 berth against Olympiakos
Greek champion Olympiakos faces a tough task if it is to prevent last season's beaten finalist Atletico Madrid sealing its passage into the last 16 of the Champions League at the Vicente Cal...
Inside Sports
COMMENTARY
Scraping together the 180 MPs will not be enough
Even if the coalition government was to scrape together the 180-MP majority it needs to elect a new President in the 300-seat House, skeptics say, what will change really? There is one evide...
EDITORIAL
Taking back whats stolen
A large group of public prosecutors and state officials (coming from various departments) have been working on major corruption cases. Of course it is their duty to do so, yet their actions ...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Bank of Cyprus posts 76 million euro nine-month profit
2. Greece says EU/IMF bailout exit could be delayed for technical reasons
3. Ship with 700 migrants safely towed to Greek coast
4. ILO report warns of prolonged social crisis unless steps are taken in employment
5. Greek tobacco firm Papastratos planning 25-mln-euro investment
6. Independent Greeks MP to be questioned over bribery claims
more news
Today
This Week
1. Troika talks to continue after failure to wrap up negotiations in Paris
2. Greece scrambles to find food, shelter for 700 migrants on crippled ship
3. Chief suspect in Piraeus bar shooting arrested
4. Greek diplomat dies in fall under Thai train
5. Greek, German, Portuguese, Spanish debt to benefit most from ECB QE - ABN Amro
6. Greece paralyzed by major strike, flights cancelled
Today
This Week
1. Give Greece a chance
2. Biden heads to Istanbul amid tension over Cyprus EEZ violation
3. Scientists expand excavation of ancient Amphipolis
4. Extremism from a bygone era
5. Piraeus nightclub shooting leaves 3 seriously injured
6. Coscos Greek unit adds multinational rail-freight client
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2014, H KAΘHMEPINH All Rights Reserved.