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2019 Greek Budget Records Primary Surplus of Almost €5 Billion

The Greek state budget recorded a primary surplus of 4.96 billion euros in 2019, up from a budget surplus target of 4.4 billion and a primary...

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...

Greece Challenges Creditors as PM Tsipras Vows to Lower Surplus Targets

Greece's European creditors reminded the Greek government of Alexis Tsipras that it has agreed to a primary surplus of 3.5 percent from 2020 to...

Greece Mulls Tax Cuts as it Records Whopping Surplus

The Greek government's economic team is examining a package of tax relief measures, following the nation earning a record 4.4 percent primary surplus for...

IMF on Greece: 3.5 pct Primary Surplus, No Pension Cuts Postponement

The International Monetary Fund (IMF) released its renewed Fiscal Monitor for October. There, the fund revised Greece’s 2019 growth rate upwards and accepted that it...

Greece’s Primary Surplus Well Above Target, Data Shows

During the period between January and August 2018, the General Government of Greece achieved a primary budget surplus of €3.14 billion ($3.67 billion), thanks...

Report Claims Greece Will See Higher Primary Surplus in 2018

The Greek state budget will show a primary surplus of more than 3.5 percent of GDP in this year, from 3.3 percent in 2017,...

Greece Records €843M Budget Surplus

The Greek state budget recorded a cash surplus of €843 million ($1 billion) in the January-February period this year, from a surplus of €1.592...

Greece Foresees 3.82 Percent Primary Surplus, 2.5 Percent Growth for 2018

The Greek 2018 state budget tabled on Tuesday night in Parliament foresees that the country will return to capital markets next year to strengthen...

Tsipras: Greece’s Surplus will be Distributed to Those in Need

Greece's surplus will be distributed to those most in need, Prime Minister Alexis Tsipras said during his speech at the 5th regional conference on...

Greek Budget Shows Primary Surplus of 1.842 Billion Euros in January-May

The Greek state budget showed a primary surplus of 1.842 billion euros in the January-May period, up from a primary surplus of 1.456 billion...

Greek Current Account Deficit Down in Jan-Feb

In February 2017, the current account showed a deficit of €937 million, up by €109 million year-on-year. This development is attributable to an increase...

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