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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...

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...

Greek State Budget Surplus Up by €1 Billion Compared to First Quarter of 2018

The Greek state budget recorded a primary surplus of €1.85 billion in the first quarter of 2019, up from a surplus of €840 million...

Greek Budget Primary Surplus Up by €1.105 Billion Over Last Year

The Greek state budget recorded a primary surplus of €6.435 billion ($7.315 billion) in the ten months between January and October 2018, exceeding a...

Greek Parliament Report: 'Primary Surplus To Reach 4.5 Per Cent in 2018'

Greece's economic surplus for the year 2018 may significantly exceed targets, reaching up to 4.5 per cent of the country's GDP (ahead of its...

EU to Decide How Greece's Primary Surplus Should be Used

Greece's budget for 2019 will be assessed by creditors who will decide how the surplus will be spent, Eurogroup President Mario Centeno announced on...

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...