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Greece Expected to Return to Primary Surpluses in 2022

Greece will return to primary surpluses beginning in 2022 after reporting higher primary deficits and public debts in 2020, the International Monetary Fund said...

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...

Greece to Ask Creditors for Lower Primary Surplus Targets in 2020

Greece will be able to ask its creditors to lower the primary surplus targets and plans to do so in 2020, Finance Minister Christos...

2019 Greek Primary Surplus Exceeds Target By Several Billion Euros

The Greek state budget recorded a primary surplus of 5.755 billion euros in the period from January-October, significantly exceeding budget targets for a surplus...

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...

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...

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...