Bloomberg News

Greek May Public Revenue 20% Down on Year Ago, Kathimerini Says

May 25, 2012

Greece’s public revenue dropped 20 percent in the first 20 days of this month compared with the same period of 2011, Kathimerini reported, without saying how it got the information.

With no improvement in the trend, amid uncertainty over the country’s inconclusive May 6 elections, revenue for the first five months of 2012 could fall 1 billion euros ($1.3 billion) below budget targets, the newspaper reported.

To contact the reporter on this story: Marcus Bensasson in Athens at mbensasson@bloomberg.net

To contact the editor responsible for this story: Craig Stirling at cstirling1@bloomberg.net


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