Govt's cash deficit down; deposits returning

The central government cash deficit fell to 6.455bn euros in the first six months of the year, compared to 13.152bn in the same period in 2011, the Bank of Greece said on Tuesday.

In a report, the central bank said that from January to June this year, ordinary budget revenue amounted to 21.892bn euros, compared to 22.032bn euros last year.

Ordinary budget expenditure fell 5.5bn to 27.966bn euros in the same period.

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