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

20/01/2014 - Press Releases

In January-December 2013, the central government cash balance showed a deficit of 12,794 million euro, compared to a deficit of 10,697 million euro in the same period in 2012. During this period, ordinary budget revenue, excluding revenue of 2,034 million euro regarding Securities Market Programme (SMP) income transfers from Eurosystem central banks, amounted to 46,630 million euro, compared to 48,313 million euro in the corresponding period of last year. Ordinary budget expenditure, including expenditure of about 6,139 million euro for the repayment of arrears, amounted to 57,797 million euro, from 56,132 million euro in January-December 2012.

Τhe cash primary balance of the state budget (-6,718 million euro) turns to a surplus of 1,455 million euro if the revenue of 2,034 million euro regarding Securities Market Programme (SMP) income transfers from Eurosystem central banks is included and expenditure of about 6,139 million euro for the repayment of arrears is excluded.