primary surplus

A Greek central banker said the European Central Bank (ECB) expressed support for Greece's efforts to reduce its target for a primary budget surplus after 2018. He said that the central bank supports the initiative of lowering the primary...

European Stability Mechanism President Klaus Regling sent a clear message to Greece that it should not expect lower primary surplus targets than those set by creditors. Athens has been trying to convince its lenders that the targeted 3.5% primary surplus...

Prime Minister Alexis Tsipras sent a message to Greece's creditors via a newspaper interview with Real News published on Sunday. He said that Greece demands and expects that they take steps to make the country's debt sustainable, with lower primary...

The Greek government has achieved a 3.5 billion euro primary surplus in the first seven months of 2016, exceeding the target of 2.7 billion euros. According to data from the finance ministry, the primary surplus is a result of freezing...

Greek Parliament's quarterly report points to growth prospects to follow the completion of the first review and "additional bailout." The report states that development will come if the reforms are adopted, but there are still dangers lurking. The report stresses...

The Greek state budget recorded a primary surplus of 2.47 billion euros in the first semester of 2016. The same six-month period last year recorded a primary surplus of 1.884 billion euros, surpassing the budget target for a primary...

European Commissioner for Financial Affairs Pierre Moscovici arrived in Athens on Monday to prepare the ground for talks on the implementation of the fiscal measures required for the second bailout program review. Moscovici will meet with Greek Finance Minister Euclid...

Greece should not expect a relaxation of its budget targets for 2018, said European Commissioner for Economic Affairs Pierre Moscovici on Tuesday. The commissioner talked to reporters ahead of the extraordinary European Union summit in Brussels where member state leaders...

According to the data available for the execution of the State Budget on a modified cash basis, the Greek State Budget balance for the period of January - May of 2016 presented a deficit of 814 million Euros, against...

Eurogroup Chief Jeroen Dijsselbloem, speaking at the economic and monetary committee of the European Parliament, on Tuesday said he believed that the European Stability Mechanism would approve the disbursement of the 7.5-billion-euro loan tranche as Greece has met all...