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IMF Disagrees With Brussels; Sees Lower Greek Surpluses for 2019, 2020

Vitor Gaspar, the Head of the Fiscal Affairs Department of the International Monetary Fund (IMF) presented the Fund's Fiscal Monitor on Wednesday, just before its annual...

Greek Primary Surplus Continues to Exceed Targets Despite Tax Cuts

The Greek state budget recorded a primary surplus of 4.479 billion euros in the January-September period over budget targets, for a surplus of €1.467...

Proposed Greek Budget Foresees 2.8 Percent Growth for 2020

The Greek Finance Ministry presented a proposed 2020 budget in Parliament on Monday which foresees the Greek economy growing by two percent this year...

ESM Chief Regling Says Greek Primary Surplus Targets Could Be Reduced

Chief of the European Stability Mechanism (ESM) Klaus Regling indicated on Friday that the European Institutions might consider reducing Greece's primary surplus targets beginning...

IMF Calls for Review of Greece’s High Primary Surplus Targets

The International Monetary Fund (IMF) agrees with the recent opinion expressed by Christine Lagarde in the European Parliament concerning the need to review the...

Next ECB President Lagarde In Favor of Reducing Greece’s Primary Surplus Targets

Christine Lagarde, the current Chairman of the International Monetary Fund (IMF) and the next President of the European Central Bank (ECB) suggested on Wednesday...

Greek PM Mitsotakis to Tour Europe to Present Economic Plan

Greek Prime Minister Kyriakos Mitsotakis will meet soon with several European leaders in order to present his plans for the Greek economy and to...

Report Shows Greece’s January-July Primary Surplus Surprisingly High

According to a report issued on Friday by Greece's Finance Ministry, the Greek state budget recorded a primary surplus of €1.779 billion in the...

Bank of Greece Forecasts 1.9% Growth for 2019 and Lower Primary Surplus

The Bank of Greece published its interim report on Monetary Policy on Monday, where it highlights some interesting projections for the future of Greece’s...

Greek Opposition Leader Promises Lower Taxes, Reforms (video)

Greece's opposition leader Kyriakos Mitsotakis promised sweeping changes to his nation's economy during an exclusive interview with CNBC on Tuesday. Speaking before the upcoming Greek general...

Greek Parliament To Vote on Reversing Pension Cuts Next Week

The proposed law which includes an amendment to block the already-legislated cuts to pensions in 2019 will be tabled and voted on in the...

Major Tax Cuts and “Social Dividends” Announced in Greek Parliament

The Greek government announced Wednesday that the Uniform Real Estate Ownership Tax (ENFIA) will be significantly reduced for over 5.1 million property owners. In...

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