The City of Athens shows a surplus for the eighth consecutive year, Athens mayor Giorgos Broulias said on Monday at a city council meeting that approved the results for fiscal 2018, according to ANA.
Athens municipality had a surplus of 22.3 million euros, Broulias noted, while deputy mayor responsible for finances Eva Kondostathatou said that Athens’ obligations fell from 289 million euros in 2010 to 110 million euros. Specifically, bank loans fell from 219.18 million to 97.69 million, while the city’s short-term needs totaled 180 million euros and its corresponding obligations 30 million euros.
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