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EU Economy Shifts From Almost Two Years of Trade Deficit to Surplus
After six consecutive quarters of deficit, the EU economy has finally shifted to a trade surplus with the rest of the world.
During the second...
IMF: Greece to Return to Primary Surpluses in 2023
Greece will return to primary surpluses from 2023 and remain on a course of reducing its public debt, the IMF said in its Fiscal...
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...
EU Posts Large Trade Surplus as Imports Drop in 2020
The Eurozone's trade surplus posted record numbers in June, swelling to 21.2 billion euros ($25 million) as the bloc experienced a corresponding record decline...
EU Scraps 3.5 Percent Surplus Target for Greece Due to Coronavirus Emergency
Eurozone finance ministers decided on Monday evening to scrap the primary surplus target of 3.5 percent of GDP for Greece this year in the...
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...
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...