primary surplus

European Commission publishes the preliminary draft Greek budget for 2020

The preliminary draft budget for 2020 has been posted on the European Commission's website, which envisage a primary surplus of 3.7% percent of GDP...

The draft budget for 2020 will be submitted to the Parliament next week

The draft budget of 2020 will be submitted to the Parliament on Monday and will include all the tax cuts the Prime Minister has...

Government-Institutions: Meeting targets for the next two years

The level of primary surpluses is at the heart of the government's consultation with the Institutions. Today, on the sidelines of the Economist Congress...

Greece can meet its fiscal targets according to an IMF report

The International Monetary Fund estimates that Greece is able to achieve its budgetary targets for primary surpluses by 2022, as reported in the Fiscal...

Finance ministry predicts a primary surplus of 3.9% for 2018

Greek Finance Ministry predicts a primary surplus of 3,9% of GDP for 2018, while it also announced the early repayment of a portion of...

A primary surplus was recorded for the first two months of 2019

A primary surplus of € 822 million was recorded for the January-February 2019 budget, against a primary deficit target of € 196 million, as...

Scholz: Greek government is moving in a logical and wise manner regarding pension cuts

“The Greek government is moving in a logical and wise manner,” German Finance Minister Olaf Scholz said during a press conference in Berlin, referring...

Primary surplus exceeds target significantly

The budget for the nine-month period January-September 2018 presented a primary surplus of 4.809 billion euros, significantly exceeding the target of 2.521 billion euros....

The credibility of the economic policy will determine the course of the economy

At the presentation of the Parliament’s budget office report regarding the course of the economy in the second quarter of 2018, the head of...

Bundesbank considers debt relief measures to be unnecessary in the short-term

In its recent report, the Bundesbank considers that no additional measures for the relief of Greece's debt are necessary in the short-term, as Greece...