Government deficit improves in first four months of 2011

In the first four months this year, the shortfall between recurrent revenue and total expenditure of Central Government amounted to €141.8 million, down by €54.2 million compared to the corresponding period in 2010. In January-April 2011, recurrent revenue increased by €33.5 million, whereas total expenditure registered a decline of €20.7 million, resulting in an improvement [...]
Category: Financial News
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