login
login

Europe Daily Bulletin No. 11354

9 July 2015
Contents Publication in full By article 17 / 23
ECONOMY - FINANCE / (ae) economy
Public spending cut by more than 10% in Greece in 2014

Brussels, 08/07/2015 (Agence Europe) - Compared to 2013, public expenditure was cut in Greece by 10.7% of national GDP in 2014, the greatest drop seen in the European Union over this period, according to data published by the statistical office of the EU (Eurostat) on Tuesday 7 July.

Over the period observed, public expenditure was down in 13 member states: Greece (-10.7%), Slovenia (-9.9%), Ireland (-1.7%), the United Kingdom and Portugal (-1.1% each), Spain (-0.7%), Lithuania (-0.6%),...