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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...

PBO Report Warns Greek Government of Risks in Bailout Deal

Hefty tax burdens will burden the Greek economy and keep uncertainty lingering, a quarterly report by the Parliamentary Budget Office revealed on Tuesday, while...

Differences between IMF-Europe Remain on Greece’s Bailout Program

While Greece and international creditors are close to an agreement on the bailout program review and the release of the next loan tranche, some...

Greek Gov’t Ready to Sign Fourth Memorandum with Creditors

Greece and international creditors are about to sign the fourth bailout agreement, in the form of four separate memoranda of understanding, with the required...

Greece Records Primary Surplus of 3.9% of GDP in 2016

Greece recorded a primary surplus of 3.9 percent of GDP in 2016, official figures showed on Friday. Hellenic Statistical Authority, in a report, said...

Bloomberg Report: IMF Not Convinced Greece Can Keep Up 3.5% Surplus

The IMF is doubtful that Greece can sustain the primary surplus it achieved in 2016, nor is it convinced that the country can keep...

IMF Chief: Primary Surpluses of 3.5% for 10 Years Not Feasible for Greece

  Primary surpluses of 3.5% over the next ten years are not feasible or achievable, and this is well known, International Monetary Fund Managing Director...

Dijsselbloem: Greece Must Exceed Primary Surplus of 3.5% for Countermeasures

Greece must exceed a primary surplus budget target of 3.5% of GDP in order to permit the application of countermeasures, stated President of the...

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