A new black hole of over 1,2 billion within 4 months

A new black hole of over 1,2 billion within 4 months

Even the income increase by 3,5% in April has not helped and who knows what new measures arein store

A new black hole of over 1,2 billion within 4 months
A new black hole of over 1,2 billion within 4 months
Akward smiles is what the Minister of Finance is all about these days after the new data that has emerged from the income calculations of April. It is the first time that we have an increase but this does not make the "black hole" smaller.

If one takes into consideration the new monthly goals that the Ministry has set for 2011, the actual income should have been 413 billion euros, or 2,6%, more so as to have a total of 16,339 billion euros.

But the actual profits were 5,2%, or 830 million euros, less since there was about 15,077 billions euros in total for the first 4 months of 2011, meaning that the amount missing for the first 4 months of the year is between 1,24 and 1,26 billion euros.
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