State spending reduced in Jan. 2018, compared to same month in 2017

15 February 2018
911 Views

State spending in the first month of 2018 reached 3.176 billion euros, reduced by 215 million euros from the same month in January 2017 (3.391 billion euros).

Regular budget expenditures reached 3.092 billion euros, reduced by 123 million euros compared to a relevant target. Regular budget spending was down 206 million euros, compared with January 2017.

Some 67 million euros of a so-called “social solidarity” income tax – one of the austerity measures taken in a 2016 “tax tsunami” unleashed by the leftist-rightist coalition government – were allocated in January 2018, along with 19 million euros in farm subsidies.

Spending via a public investments program reached a paltry 83 million euros, down from a target of 92 million euros.

You may be interested

Greece: 7,000 applications for adult movies
GREECE
shares22 views
GREECE
shares22 views

Greece: 7,000 applications for adult movies

Panos - Jun 23, 2021

After the first casting of the newly formed production company SugarBabes.tv in September 2019 and the endless queues of about…

Menendez Bill passed unanimously & goes to Senate for approval
DEFENCE
shares13 views
DEFENCE
shares13 views

Menendez Bill passed unanimously & goes to Senate for approval

Panos - Jun 23, 2021

The new bill on US-Greek defense cooperation was approved by the Senate Foreign Relations Committee with universal support. Now the…

Signatures for Line 4 of the Metro – Mitsotakis: The country is turning the page (videos)
FINANCE
shares18 views
FINANCE
shares18 views

Signatures for Line 4 of the Metro – Mitsotakis: The country is turning the page (videos)

Panos - Jun 23, 2021

The signatures for the biggest construction project that is taking place after Attiki Odos, fell tonight in Galatsi, where in…

Leave a Comment

Your email address will not be published.