primary surplus

Greece's Radical Left Coalition (SYRIZA) Prime Minister Alexis Tsipras addressed his cabinet during a meeting on Tuesday, in the aftermath of the extraordinary Eurogroup meeting on Monday.  "Today is an important day. And it is an important day because after...

A draft proposal by the European Commission to break the deadlock on a new debt deal for Greece was leaked on Saturday, ahead of an emergency Eurogroup meeting of Eurozone finance ministers on Monday. The leaked report calls for...

The Greek government has implemented to the letter the commitments it undertook last summer on the issue of structural reforms and on additional measures totaling 3 pct of GDP, Greek Finance Minister Euclid Tsakalotos said on Saturday during a...

The Greek government proposed to creditors new taxes and levies on cars, fuel, real estate, mobile telephony, internet connection and cable television in order to close fiscal gaps until 2018. Athens needs to achieve a primary surplus of 3.5 percent...

The quartet of Greece's creditors return to Greece on Monday to discuss several issues that remain unresolved, with the finance minister worrying that new fiscal measures might be needed. Finance Minister Euclid Tsakalotos says that the bailout program evaluation must...

Greece recorded a primary budget surplus of 2.270 billion euros in 2015, up from a surplus of 1.872 billion euros in 2014 but down from a revised budget target for a surplus of 3.257 billion, the Finance ministry said...

The Greek government surpassed a medium-term program target for a primary deficit of 0.25% in 2015 and was very close to recording a primary surplus for the year, after revenue surpassed targets by approximately 2 billion euros in the last...

The Greek state budget showed a primary surplus of 4.348 billion euros in the January - November period compared to 3.566 billion euros in the corresponding period last year, the Finance Ministry said on Tuesday. The general government deficit came...

The Greek Finance Ministry submitted the finalized version of the 2016 budget, which presents improved but still negative economic figures. The budget indicates that next year's recession will be milder than initially expected, with a 0.7% reduction in GDP in comparison to the...

Greek state budget for the period January-October 2015 showed a 808-million-euro deficit after a preliminary estimate. However, the deficit for the same period in 2014 was 2,448 million euros, while the revised target for the 2016 draft budget is estimated...