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The Government's budget proposal for 2011 and overview of the economic outlook
The Government's budget proposal for 2011 amounts to total spending of EUR 50.3 billion, with the budget deficit standing at EUR 8.3 billion.
On-budget expenditure will be roughly the same or around 4% below the figure in the ordinary budget for 2010. The reasons for this drop include the progressive unwinding of stimulus measures and the removal of certain state loans from expenditures. Administrative branch appropriations account for EUR 48.3 billion and interest expenses for EUR 1.9 billion of the proposed budget.[...]
On-budget expenditure will be roughly the same or around 4% below the figure in the ordinary budget for 2010. The reasons for this drop include the progressive unwinding of stimulus measures and the removal of certain state loans from expenditures. Administrative branch appropriations account for EUR 48.3 billion and interest expenses for EUR 1.9 billion of the proposed budget.[...]