Bill Paying Lags Greek Deficit Grows

Alternate Finance Minister Christos Staikouras Just as Greece seemed to be heading toward getting back on its feet financially, the country’s primary deficit grew in the wake of an attempt to regain credibility and pay back bills – a target that fell far short of its goal. The State General Accounting Office had approved repayment of 4.6 billion euros ($5.97 billion) in arrearages to ...

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