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Jul/11

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Greece39s fiscal deficit increase in the firstr

Greece's fiscal deficit, increase in the first four months of the year. Athens, May 23 () .- The fiscal deficit in Greece rose to 7.246 million euros in the first four months of this year, exceeding EUR 322 million originally scheduled stop in the 2011 budget , according to today inform the Authority of Statistics, Greek (ELSTAT).
The limit that was set for bean PERIOD between January and April 2011 was 6.924 million euros,, eve isk, while the deficit of the same periods of 2010 was EUR 6.371 million, so that the annual increase is 13.7 percent (875 million euros).
State revenues down in the said period up to 14.473 million euros, 9.1% less than a year before, largely due to the prolongation of the recession during the period in which budgets were developed , according to a Finance Ministry, wow power leveling, statement.
For its part, the Greek financial press indicates that the debt PUBLIC reached in March 2011, 354,500 million, equivalent to 153% of GDP, in March 2010 was 310,300 million euros.
In December 2010, the debt of the country was 340,200 million euros.

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