FinMin: Greek state budget recorded lower-than-expected deficit in 2020

FinMin: Greek state budget recorded lower-than-expected deficit in 2020The finance ministry said it was optimistic that 2021 will prove a better year compared with 2020 and noted that it will continue its support measures until March-April

Greek state budget recorded a lower than expected deficit in 2020 offering a breathe as the ministry tries to implement its fiscal policy in 2021, according to ANA.

A Finance Ministry report said the budget deficit totaled 22.808 billion euros last year, down 1.5 billion from budget provisions. The ministry attributed this development to lower spending (605 million euros) and to the receipt of ANFAs worth 644 million euros in December. 

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