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Greek budget

Greece Reports 2.654 Bln Euros Primary Surplus for Jan-Oct

The Greek government on Tuesday reported a primary surplus of 2.654 billion euros in its state budget in the January-October period this year. In a report on final budget execution data on a revised cash basis for the January-October period,...

Fitch Affirms Greek Rating at 'B,' Outlook Stable

Fitch Ratings affirmed Greece’s long-term foreign and local currency Issuer Default Ratings (IDRs) at 'B' and its outlook as stable. The rating in May was 'B-'. However, the rating will drop if the country goes to premature elections without clear...

Greece Sees Primary Budget Surplus for 2015

AP - Greece's government has submitted its 2015 budget to Parliament, predicting the economy will emerge from recession with growth of 2.9 percent next year. The budget submitted Friday projected Greece's primary surplus - state income without taking into account...

Greek Govt and Troika Agree on Budget

In a meeting with Greece 's international creditors on Saturday, the Greek government finalized the 2015 budget. According to Finance Ministry officials, the primary surplus target was set "very close to 3% of GDP" with no new austerity measures needed. The...

Hardouvelis to Table 2015 Draft Budget on Oct. 6

The Greek Parliament concludes its summer recess sessions this week and launches the new period for the Regular Plenary Session on Monday. On Monday, October 6, Greece's Finance Minister Gikas Hardouvelis will table the 2015 draft budget in Parliament. According to...

Greece Posts €2.3 Billion Primary Budget Surplus in Jan-July

On Thursday, Greece reported a primary budget surplus of 2.279 billion euros in the January-July period. In the corresponding period in 2013, primary surplus stood at 2.555 billion euros. The budget target for this year was a primary surplus of...

Greece Beats Budget Target

Greece continued to beat its budget targets, the Finance Ministry said Wednesday, posting a smaller-than-expected deficit for the central government in the first seven months of the year and a primary surplus three times better than targeted. The Ministry reported a...

Greek Government Records €1.8 Billion Primary Surplus

In a report on budget execution, the finance ministry said that the primary surplus totalled 1.8 billion euros in the first half of 2014, up from a primary deficit of 1.9 billion euros in the corresponding period in 2013....

Greek Budget Records 1.2B Euro Primary Surplus in Jan-May‏

Greek budget recorded a primary surplus of 1.2 billion euros in the first five months of the year, Alternate Minister of Finance Christos Staikouras said on Monday. In a report on budget execution, the Finance Ministry announced that the primary surplus totaled...

Primary Surplus Almost Four Times the Target Amount

Greek authorities on Tuesday reported a primary surplus of 707 million euros in the first five months of 2014. The Ministry of Finance, in a report on the final figures of budget execution, said that the state budget reported a...