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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...

ELSTAT: Final Data on 2016 Primary Surplus Will be Published in April

The final reading on the primary surplus of 2016 will be published in April, the president of Greece’s statistics office ELSTAT, Thanasis Thanopoulos said...

Euro Zone, IMF Agree on Common Stance Towards Greece

European institutions and the International Monetary Fund have agreed between themselves to present a common stance towards Greece in talks on the bailout program...

IMF Report on Greece Shows Contingency Fiscal Measures are Unavoidable

The International Monetary Fund report on the progress of the Greek economy in 2016 and in subsequent years shows that contingency fiscal measures will...

Greece’s Bailout Program Obsolete Without IMF, German FinMin Says

German Finance Minister Wolfgang Schaeuble reiterated that Greece's current bailout program will not be valid without the participation of the International Monetary Fund. In a...

Greek FinMin: More Fiscal Adjustment Measures Possible After 2018

Greek Finance Minister Euclid Tsakalotos said that more fiscal adjustment measures might be taken after Greece's third bailout program ends. Tsakalotos spoke to Sunday's edition...

Greek Deputy FinMin Sends MoU to Pertinent Ministers Regarding 2017 Budget

Deputy Finance Minister Giorgos Chouliarakis sent to all pertinent ministries clear guidelines for the smooth implementation of the 2017 budget and a four-page MoU. In...

Greek FinMin Letter to Creditors Leaked to the Press

A letter from Greek Finance Minister Euclid Tsakalotos to creditors reaffirming Athens' commitment to the bailout program obligations has been leaked to the press. Greece's...

European Parliament President Schulz Conveys His Support of Greece’s Position in Meeting with Tsipras

On Thursday European Parliament President Martin Schulz met with Prime Minister Alexis Tsipras where he expressed his full support of the Greek government concerning bailout negotiations, adding that...

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