Tuesday September 2, 2014 Search
Weather | Athens
29o C
23o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Greece beats budget and primary deficit targets for first 10 months of 2012

According to the preliminary data available for the execution of the State Budget for the ten months January - October 2012, the State Budget deficit amounted to 12.29 billion euros while compared to a target of 13.57 billion euros.

The primary deficit also beat its target, coming in at 1.17 billion euros against the projected 2.44 billion.

"Both the state budget deficit and primary deficit perform a significant improvement compared to the first ten months period of previous year, by 8.79 billion and 4.68 billion euros, respectively, the Finance Ministry said in a statement. Thus, state budget balance is reduced by 41.7 percent compared to the same period last year."

State budget revenues increased 1.4 percent against the first 10 months of last year to come in at 41.73 billion euros, which was 223 million euros above the target.

State Budget expenditures for the first ten months of 2012 also showed an improvement on the target that had been set, amounting to 54.02 billion euros, which was 904 million euros less than had been forecast.

Net interest payments amounted to 11.11 billion euros, loan disbursement fees to the EFSF amounted to 370 million euros.

ekathimerini.com , Monday November 12, 2012 (13:14)  
Greece needs private debt overhaul, Piraeus Bank CEO says
Cheap energy pulls down eurozone producer prices in July
Greece sells 1.14 bln euros of 6-month T-bills, yield eases
New committee formed to assess progress of deregulation in closed-shop professions
Armed robbers hold up post office in Thessaloniki
A manhunt was under way on Tuesday for three men who held up a post office in Diavata, a suburb northwest of Thessaloniki center, making off with some 2,000 euros in cash. According to the s...
Reforms to dominate Greek talks in Paris, debt relief talks later, says source
Greece hopes to assuage concerns it is slipping up on reforms during talks with European and IMF inspectors in Paris this week, with debt relief talks unlikely to start until October, a seni...
Inside News
SOCCER
Greece defender Papadopoulos fires parting shot at Michel
International defender Avraam Papadopoulos suddenly quit Olympiakos on Monday to join Turkish club Trabzonspor, and fired a parting shot at Olympiakos manager Michel putting the blame on the...
SOCCER
Unlikely pair on the Super League summit
Veria and Atromitos are sitting pretty at the top of the Super League after the second round of games thanks to their away wins that made them the only clubs to have six points, as champion ...
Inside Sports
COMMENTARY
Politicized archaeology
Let us suppose that archaeologists discover that the tomb uncovered in Amphipolis was not the resting place of Roxana or Nearchos, but of Alexander the Great. Let us assume, that is, that ar...
EDITORIAL
Moderating expectations
Politics is, to a great extent, all about managing expectations, and anyone who raises that bar too high or too fast is at serious risk of disappointing and losing the peoples favor. In a c...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Armed robbers hold up post office in Thessaloniki
2. Greece needs private debt overhaul, Piraeus Bank CEO says
3. Cheap energy pulls down eurozone producer prices in July
4. Greece sells 1.14 bln euros of 6-month T-bills, yield eases
5. Reforms to dominate Greek talks in Paris, debt relief talks later, says source
6. Greece defender Papadopoulos fires parting shot at Michel
more news
Today
This Week
1. Politicized archaeology
2. Rain and storms with hail expected in many parts of Greece
3. Moderating expectations
4. New committee formed to assess progress of deregulation in closed-shop professions
5. Trial over 2013 murder of pawn merchant starts in Athens
6. Reforms to dominate Greek talks in Paris, debt relief talks later, says source
Today
This Week
1. Thessaloniki mayor Boutaris sworn in wearing yellow star amid Golden Dawn protests
2. The battle against progress
3. Attack on gay couple in Athens leaves one man needing surgery
4. Strong undersea quake occurs off island of Milos, felt in Athens
5. Greek quest for debt relief faces hurdles in Paris
6. Hardouvelis, ECB executive discuss bank program, stress tests
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2014, H KAΘHMEPINH All Rights Reserved.