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Cyprus General Government posted a deficit of €244.2 million or 1.1% of GDP for the period of January – April 2021, compared to a surplus of 0.2% of GDP in the respective period of 2020, as the government continued to support the economy amid the Covid-19 pandemic. Public spending for January-April 2021, rose by €440.8 mn (+17,0%) to €3,038.3 mn, compared to €2,597.5 mn in the corresponding period of 2020, pushed upwards due to the support measures taken to address the …
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