Cyprus' General Government deficit at €1.06 bln in 2020

cyprus'-general-government-deficit-at-e1.06-bln-in-2020
Advertisement

The General Government deficit reached €1,059.0 mn (5% of GDP) for the period of January-December 2020, as compared to a surplus of €325.9 mn (1.5% of GDP) that was recorded during the period of January-December 2019, according to the preliminary fiscal results, prepared by the Statistical Service of Cyprus (CyStat)A CyStat announcement says that during the period of January-December 2020, total expenditure increased by €1,029.5 mn (+11.5%) and amounted to €9,946.6 mn, compared to €8,917.1 mn in the corresponding period …

Advertisement
Advertisement
Previous articleTotal employment down by 1.3% during Q4 2020
Next articleThe EU will never accept a two-state solution for Cyprus, Borrell underlines