Greek fiscal deficit fell to 6.0 pct of GDP in 2012

20:15 11/4/2013 - Πηγή: Matrix24

The statistics service, in a report, however, said that the country’s fiscal deficit rose to 10 pct of GDP, or 19.3 billion euros, if the capital offered for the support of the domestic banking system (4.0 pct of GDP) were included.

Finance ministry officials said the country’s fiscal deficit could fall further to 5.6 pct of GDP after completion of all technical controls on the figures.amna

The country’s fiscal deficit will have two differed figures, one without the capital support to banks and another with them. Similarly, in 2013, the budget will include the sums offered by Hellenic Financial Stability Fund for the recapitalization of Greek banks.

Source: ΑΜΝΑ