Calamos Supports Greece

Greek Primary Surplus

Eurostat: Greek Primary Surplus Revised Down, Debt Up

Greece's primary budget surplus last year was lower than initially estimated and its debt higher, revised data by the EU statistics office showed on Monday; the day negotiations for the conclusion of the bailout programme began. Eurostat said Greece had...

Greek Budget Primary Surplus Up in January-May‏

The Greek budget showed a primary surplus of 1.506 billion euros in the January-May period this year, from a surplus of 707 million euros in the corresponding period in 2014 and a budget target for a primary surplus of...

Greek FinMin Varoufakis: 'No Agreement for a 1.0% Primary Surplus'

There has been no agreement between Greece and institutions for a 1.0% primary surplus, Finance Minister Yanis Varoufakis said in the Greek Parliament replying to a timely question from "To Potami" MP Haris Theocharis. "The government will not sign inconsistent and...

Greek Budget Primary Surplus Increases to 1.732 Billion Euros in Q1 2015

Greek budget deficit widened slightly to 503 million euros in the January-March period this year, from 448 million euros in the corresponding period in 2014, but it was significantly lower compared to a budget target for a deficit of 2.11...

Greece May Miss This Year's Primary Surplus Goal

Greece’s creditors have expressed their concern regarding the country’s primary budget surplus goal, which may not be met this year, according to German magazine Der Spiegel. The country's former New Democracy-led government had set a target to achieve a primary surplus of...

Greek 2014 Primary Surplus Revised Lower

Greece ’s primary budget surplus was revised downwards to 0.3 pct of GDP in 2014, from a budget target for a surplus of 1.5 pct of GDP, according to the government’s Economic Policy Program (EPP), a Greek finance ministry...

German Chancellor Merkel Believes the Eurozone Can Bear a Grexit But Fears Instability

German Chancellor Angela Merkel believes the Eurozone can bear a possible Grexit but worries about geopolitics, German senior officials said, according to Euro Insight. Europe’s Iron Lady appears determined to prevent Greece’s exit from the single currency by accident,...

Greek Primary Surplus of 707 Million Euros

Greek authorities on Monday reported a primary budget surplus of 707 million euros in the first six months of the year from a primary deficit of 1.511 billion euros in the corresponding period in 2013. This is more than...

Greece Reports Primary Surplus of 712 Million Euros

Greek authorities on Monday reported a primary budget surplus of 712 million euros in the first six months of the year from a primary deficit of 1.511 billion euros in the corresponding period in 2013. This is 77 million...

Greece Reports EUR1bn Primary Surplus for Jan-April‏

Greece on Tuesday reported a primary budget surplus (ie before interest payments) of 1.048 billion euros for the first four months of 2014, surpassing a budget target for a surplus of 742 million euros. Presenting a report on budget execution, Deputy Finance...