primary surplus - search results

With international aid beginning to pour in gradually, Greek Finance Minister Yiannis Stournaras said he’s worried that growing political and social unrest could undermine...

International Monetary Fund Managing Director Christine Lagarde said Greece needs to find ways to generate more cash fast because austerity measures and lifeline...

Europe’s leaders have reached Plan C in their efforts to rescue Greece. Unfortunately, it lacks a crucial element also absent in Plans A and...

Every step Greece takes to shore up its finances seems to make it harder for Athens to make the numbers add up in the...

Greece’s state budget deficit in the first eight months of 2012 beat the budget target and in August the country recorded a surplus for...

The Public Power Corporation (PPC/DEH) is joining forces with Cyprus-based Quantum Energy in a hydroelectric joint venture in Republic of Serbia that will propel...

As Greeks struggle through a Christmas season shorn of much of their bonuses, the government is[...]

ATHENS – As Prime Minister George Papandreou’s PASOK Socialist Members of Parliament unanimously supported an emergency property tax as part of crushing new austerity...

Prime Minister George Papandreou said he can "guarantee" that Greece will deliver on all the austerity pledges made for its first EUR110 billion rescue program, and reaffirmed that the country will reach[...]

According to an article of the Greek newspaper “Ta Nea”, Minister of Education Anna Diamantopoulou announced that for this school year, only 600...