Calamos Supports Greece

Budget Surplus

Greece Expected to Return to Primary Surpluses in 2022

Greece will return to primary surpluses beginning in 2022 after reporting higher primary deficits and public debts in 2020, the International Monetary Fund said in its "Fiscal Monitor Report," released on Wednesday. The IMF based its 2020 forecasts on the...

Greek Budget Exceeds Surplus Target for First Half of 2015

Greece's State Budget Primary Balance amounted to a surplus of 3,712 million euros, against the primary surplus target of 2,988 million and the primary surplus of 2,279 million performed on the same period last year. State Budget net revenue amounted to 26,874 million euros,...

Hopes For Greek Budget Surplus Shattered By IMF's Chief Economist

The International Monetary Fund's chief economist Olivier Blanchard destroyed any hopes left about a potential Greek budget surplus in 2015 during his interview in the French financial newspaper Les Échos at a central bankers' meeting in Sintra, Portugal on Monday. Although Greece...