Government debt falls by €2bn

The government’s debt fell to €245bn at the end of last year, almost €2bn below December 2006, the national statistics office CBS said on Tuesday.

In 2007, the budget surplus reached €2.2bn, in 2006 the figure was €2.7bn.
Government spending rose 4.3% last year, the CBS said, largely due to rising wage costs, investment and spending on healthcare.
The treasury collected 4.1% more cash, largely from income and value-added tax.

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