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€

Revenue from income tax declined by 4.37% to EUR 0.84 bln from EUR 0.88 bln, year on year, while other indirect taxes for the ten months of 2014 were up 10.15% at EUR 0.9 bln compared with 0.8 bln in the same period last year.

Revenue from indirect taxes accelerated by 4.18% in the ten moths of 2014 to EUR 2.01 bln from 1.93 bln in the same period of 2013, while import duties increased by 41.76% to EUR 28.25 mln from EUR 19.93 mln.

Excise tax revenue increased by 3.0% reaching EUR 522 mln from EUR 506 mln.

Revenue from VAT for the ten months of 2014 was up 5.57% at EUR 1.21 bln from 1.15 bln in the same period of 2013.

Expenditure for the January-October period declined by 9.2% to EUR 5.19 bln compared with EUR 5.61 bln in the ten moths of 2013.

Salaries and wages declined by 4.51% to EUR 1.32 bln compared with EUR 1.39 bln in the same period of 2013.

The category of other current transfers, which included social transfers, registered a sizeable decrease of 17.63%, dropping EUR 1.06 bln from EUR 1.3 bln in the ten months of 2013. Interest payments recorded a decline of 17.47% to EUR 405 mln in the ten months of 2014 compared with 490 mln in the same period of 2013, while expenditure for pension and gratuities declined by 16.12% to EUR 458 mln from 547 mln.

Payments for social securities increased by 3.64% to EUR 1.24 bln from 1.19 bln, whereas expenditure for social pension accelerated by 2.44% to EUR 52 mln from EUR 50.6 mln in the January-October period of 2013.