State debts to private sector jumps to 6 bln euros in Feb. 2016

Sunday, 10 April 2016 15:41
UPD:15:43
REUTERS/DADO RUVIC
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By Giorgos Paletsakis

The state’s debts (general government) to the private sector jumped to 6.059 billion euros in February, an increase of 539 million compared with the previous month and up by 597 million euros compared with the end of 2015.

The negative trend, as far as the private sector is concerned, pinpoints delays in the prompt payment of the state’s obligations, while almost tripling the figure for the primary budget surplus.

The figures were announced by the General Accounting Office. 

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