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Athens News Agency: News in English, 11-08-11
CONTENTS
[01] Budget deficit up to 15.513 billion euro
[02] Hail storm and gale-force winds hit northern Greece
[01] Budget deficit up to 15.513 billion euro
ANA-MPA/The Greek state budget deficit widened to 15.513 billion euros
in the seven months from January-July 2011, lower than the revised
target of 16.465 billion euro under the Medium-Term Fiscal Strategy,
the finance ministry said on Wednesday.
The deficit continues to be higher than the budget deficit for the same
period in 2010, however, when it was 12.449 billion euro.
The figures were given in a finance ministry report on the execution of
the budget adapted to the new requirements of the Medium-term programme,
which called for measures to make up a considerable shortfall in budget
revenues before it was passed by Parliament in July.ana-mpa
They showed that total budget revenues, from both regular sources and
the Public Investment Programme, fell short of the revised budget target
by 87 million euro. Total spending was also reduced by 1,049 million euro.
[02] Hail storm and gale-force winds hit northern Greece
ANA-MPA/Extreme weather conditions were recorded in Northern Greece late
Wednesday. A heavy hail storm caused extensive damage to farming areas
in the prefectures of Imathia, Pieria and Kilkis.
The storm also hit the major northern Greek city of
Thessaloniki. Temperatures plunged from 33C to 20C, followed by a
rainstorm and gale-force winds. According to the Fire Brigade, no damage
was reported in the city.
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