General Government fiscal results indicate a deficit of €799 million

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General Government fiscal results recorded a deficit of €799.2 million for the first 11 months of 2020, mainly due to the support measures taken to address the effects of the Covid-19 pandemic. According a press release issued on Friday by the Statistical Service of the Republic of Cyprus, the preliminary General Government fiscal results indicate a deficit of €799.2 mn (3.8% of GDP) for the period of January-November 2020, as compared to a surplus of €566.3 mn (2.5% of GDP) that …

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