Greece's 2014 deficit more than double forecasts: official

Published Wed, Apr 15, 2015 · 10:07 AM

[ATHENS] Greece's budget deficit was 3.5 per cent of GDP in 2014, the official statistical agency said Wednesday, more than doubling forecasts.

The government that preceded the radical leftist government elected in January had forecast a deficit of 1.3 per cent of GDP, while the European Commission's forecast was 1.6 per cent.

Public debt reached 177 per cent of GDP, the office said.

AFP

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

International

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here