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Greece Outperforms Primary Surplus Target for Third Year in a Row

Greece has recorded a primary surplus of 4.0 percent of GDP, or 7.080 billion euros, in 2017, according to data released on Monday by...

Economist Predicts: In 2029, Greeks will Return to 2009 Incomes

Greeks will have to wait until 2029 so that their incomes return to the 2009 level, predicted economist Panagiotis Petrakis, during the presentation of...

Greece has to Implement 82 Prerequisites for Successful Bailout Review

Greece has to implement 82 "difficult" prerequisites in order to successfully complete the third and fourth review of the bailout program, a Kathimerini newspaper...

Tsipras in Parliament: Solid Growth for 2018

Speaking in Greek parliament on Friday, Prime Minister Alexis Tsipras was more optimistic than ever about the country's primary budget surplus in 2017, and...

Jan.-Sept. Greek Primary Budget Surplus at €4.5 billion, Slightly Below Target

Greece's primary budget surplus of 4.5 billion euros (£4 billion) in the first nine months of the year, is slightly below target due to...

Despite Government Boasting Over Growth, Greeks Get Poorer, Businesses Keep Shutting Down

Greek Prime Minister Alexis Tsipras is packing his bags to leave for the United States for an official meeting with President Donald Trump. With him...

IMF: No New Measures for Greece if 2018 Primary Surplus is at 2.2%

The International Monetary Fund is not asking the Greek government to take new measures to cover the fiscal gap that is due to the...

Seven-Month Government Budget Surplus Beats Target

The Greek central government attained a primary budget surplus of 3.05 billion euros in the first seven months of 2017, beating its target by...

IMF: Greece Must Implement Measures in 2019 and Countermeasures in 2023

The International Monetary Fund report on the Greek debt sustainability says that fiscal measures should be implemented earlier and the countermeasures not earlier than...

Analysis: Greek Debt Relief With a ‘Fiscal Straitjacket’

The rescue plan for Greece as agreed in the June 15 Eurogroup is doomed to fail because it is a "fiscal straitjaclet," according to...

ESM: Greece will Not Need Debt Relief if it Reaches 3% Primary Surpluses for...

Greece will not need any debt relief from the euro zone if it keeps achieving a primary surplus of above 3% of GDP for...

European Commission ‘Snips’ Greece’s Economic Forecasts

The European Commission forecast for Greece's economic figures is not as optimistic as the one presented by Athens. Specifically, the European Commission sees growth of...

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