Government expenditure

Greece's state expenditure is 55 percent of the country's GDP, one of the biggest spenders of the Eurozone despite austerity. The only other two countries with higher government expenditure are France and Finland. The revelation is based on a...

The IMF has estimated that Greece's financial needs in 2015-2016 will amount to approximately 25 billion euros. The announcement was highlighted in the IMF's bi-annual "Fiscal Monitor" report, which was released yesterday. 2015 in particular will see Greece strapped for...