Bloxham: Government's budget deficit may widen

The Government's budget deficit may widen to €21.2 billion for the 10 months ended October, compared with a deficit of €14.4 billion in the year-earlier period.

1st November, 2011

The Government's budget deficit may widen to €21.2 billion for the 10 months ended October, compared with a deficit of €14.4 billion in the year-earlier period, according to Bloxham Stockbrokers.

The Government is scheduled to release the latest update on its public finances tomorrow, according to Bloxham. The country’s underlying deficit, excluding payments to recapitalise the banks, fell by more than €3 billion in the first nine months of the year, the Government said last...

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