State arrears to private sector up in March

State arrears to the private sector totaled 1.799 billion euros in March, up from 1.582 billion in February, with pending tax returns falling to 610 million euros from 632 million over the same period, respectively, the State Accounting Office said in a report on Friday.

State arrears to corporations totaled 276 million euros in March from 254 million in February, arrears to hospitals rose to 691 million from 576 million and arrears to local authorities fell to 576 million from 691 million euros.