General Government surplus 3,0% of GDP excluding Hellenic Bank deal

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The fiscal balance for 2018 records a surplus of €638,3 mn or 3,0% of GDP, excluding the burden of the Cyprus Central Bank – Hellenic Bank deal, according to the final fiscal results announced today by the Statistical Service.The results have been audited and verified within the Excessive Deficit Procedure framework of the European Commission.The results for 2018 indicate a fiscal deficit of €925,9 mn, which corresponds to 4,4% of GDP, and a fiscal debt of €21.256,3 mn, which corresponds …

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