Greek Finance Ministry announced that the State Budget deficit is EUR 1,028mn for the period of January-February 2011, compared to EUR 944mn during the same period in 2010.
Moreover, net revenues of the ordinary budget declined by 9.2%, as a result of the lower receipts from vehicle’s circulation fees by EUR 393mn (because the due date for payment was not extended into January 2011, as in 2010), as well as to the lower revenues from the extraordinary tax on profits of the large companies by EUR 99mn and the reduced withholding personal income tax during the current two months.
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