Central Government Net Borrowing Requirement on a cash basis: January-May 2010
09/06/2010 - Press Releases
In the January-May 2010 period the Central Government cash deficit (net balance of the state budget including movements in public debt management accounts) decreased to 9,544 million euros from 14,628 million euros in the corresponding period of 2009. During this period, the ordinary budget revenue increased to 19,897 million euros from 18,338 million euros last year. Ordinary budget expenditure decreased to 25,257 million euros compared with 29,236 million euros in January-May 2009.
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Central Government Net Borrowing Requirement on a Cash Basis
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(million euros)
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Annual data
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May
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January-May
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2008
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2009
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2009
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2010*
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2009
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2010*
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-11,569
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-24,621
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I. NET BALANCE OF THE ORDINARY BUDGET
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-3,067
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-869
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-10,366
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-6,530
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Revenue
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52,153
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48,560
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4,003
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4,828
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18,338
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19,897
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Expenditure
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64,272
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74,790
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7,278
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5,606
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29,236
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25,257
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Change of State deposits in the Bank of Greece
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550
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1,609
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208
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-91
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532
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-1,170
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ΙΙ. NET BALANCE OF THE PUBLIC
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-4,776
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-7,304
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INVESTMENT BUDGET
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-751
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-910
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-4,009
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-2,865
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ΙΙΙ. NET BALANCE OF THE STATE BUDGET(Ι+ΙΙ)
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-16,345
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-31,925
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-3,818
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-1,779
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-14,375
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-9,395
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IV. INTEREST PAYMENTS:
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10,813
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12,276
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2,337
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2,064
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5,811
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5,396
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Treasury bills
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49
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112
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0
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-1
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73
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129
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Bonds
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9,604
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9,838
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2,263
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2,345
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4,557
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4,710
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Other
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1,160
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2,326
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74
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-280
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1,181
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557
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V. PRIMARY BALANCE OF THE STATE
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BUDGET
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-5,532
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-19,649
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-1,481
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285
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-8,564
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-3,999
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VI. Change of the State debit and public
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-1,016
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-697
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debt management accounts1
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-36
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-60
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-253
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-149
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VII. NET BALANCE OF THE STATE
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BUDGET (ΙΙΙ+VI) 2
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-17,361
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-32,622
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-3,854
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-1,839
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-14,628
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-9,544
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(including movements in public debt
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management accounts)
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Notes:
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1/ Including movements in DEKA and other public debt management accounts.
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2/ Not including the outcome of the Payment and Control Agency for Guidance and Guarantee of Community
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Aids(OPEKEPE)
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*Provisional data
Source: Bank of Greece
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