Slovak end-May budget deficit at EUR 1.52bn

BRATISLAVA: The Slovak central government budget deficit reached 1.52 billion euros ($1.70 billion) at the end of May, wider than a 725.2 million euro deficit posted a year ago, the Finance Ministry said on Monday.

Total revenue reached 5.43 billion euros at the end of May, while expenditure was 6.95 billion euros. Tax revenue stood at 4.66 billion euros, up from 4.53 billion euros a year ago.

Revenue from EU transfers reached 429.6 million euros, up from 412.6 million euros at the end of May.