State deficit 6.5% lower than in same period last year, when it stood at 3.4% of GDP

15/07/2013. The regional governments posted a deficit of 0.43% of GDP, in line with the stability target of 1.3% of GDP set for the year as a whole. The Social Security system posted a surplus of 0.34% of GDP. For the first time, taxes have posted a positive trend in national accounting terms. In cash accounting terms, standardised tax revenue has increased by 3.5% on May 2012.