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Greece's cash deficit down 24% y/y in Jan-Oct- cenbank
ATHENS | Tue Nov 16, 2010 9:18am EST
ATHENS Nov 16 (Reuters) - Greece's cash deficit shrank 24 percent year-on-year in the first ten months of 2010, meaning a lower net borrowing need, the country's central bank said on Tuesday.
The Bank of Greece said the central government's cash deficit fell to 20.6 billion euros ($28.78 billion) from 27.1 billion in the same period a year earlier.
The budget's primary deficit, which excludes debt servicing costs, also narrowed to 6.84 billion euros from 14.5 billion in Jan-Oct 2009, said the bank, based on provisional data.
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Io, invece, sono quello delle buone notizie ...
ATHENS | Tue Nov 16, 2010 9:18am EST
ATHENS Nov 16 (Reuters) - Greece's cash deficit shrank 24 percent year-on-year in the first ten months of 2010, meaning a lower net borrowing need, the country's central bank said on Tuesday.
The Bank of Greece said the central government's cash deficit fell to 20.6 billion euros ($28.78 billion) from 27.1 billion in the same period a year earlier.
The budget's primary deficit, which excludes debt servicing costs, also narrowed to 6.84 billion euros from 14.5 billion in Jan-Oct 2009, said the bank, based on provisional data.
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Io, invece, sono quello delle buone notizie ...