Central government net borrowing requirement on a cash basis: January-September 2013

15/10/2013 - Press Releases

In January-September 2013, the central government cash balance showed a deficit of 8,881 million euro, compared to a deficit of 6,534 million euro in the same period in 2012. During this period, ordinary budget revenue, excluding revenue of 1,500 million euro regarding Securities Market Programme (SMP) income transfers from Eurosystem central banks, amounted to 32,740 million euro, compared to 34,062 million euro in the corresponding period of last year. Ordinary budget expenditure, including expenditure of about 4,820 million euro for the repayment of arrears, amounted to 42,680 million euro, from 40,476 million euro in January-September 2012.

Τhe cash primary balance of the state budget (-3,319 million euro) turns to a surplus of 3,001 million euro if the revenue of 1,500 million euro regarding Securities Market Programme (SMP) income transfers from Eurosystem central banks is included and expenditure of about 4,820 million euro for the repayment of arrears is excluded.