17 August 2018

State arrears to the private sector drop in September

01 November 17 - RE+D Magazine
State arrears to the private sector drop in September



Consultant - GREECE


Public entity - GREECE

IBI Group

Consultant - GREECE

Solum Property Solutions

Consultant - GREECE


Antulio Richetta

Director IBI Group
State arrears to the private sector plunged in September to 3.559 billion euros, from 3.909 billion in August, official figures showed on Tuesday.


The General Accounting Office in an announcement said that this development was related with an ESM decision for the disbursement of a 800-million-euro sub-tranche to Greece after the country fulfilled a goal set to reduce its state arrears to the private sector.

The General Accounting Office said that pending tax returns fell by 1.183 billion euros in September to 931 million, form 2.114 billion a month earlier.

Pension funds’ arrears fell to 2.051 billion euros in September from 2.302 billion in August.


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