Greece
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Christos Staikouras

Greece 's Primary Surplus to Reach 2.9 % In 2015

The government will aim for a primary budget surplus of 2.9% next year, just shy of the 3% target set out under the bailout agreement, says the deputy finance minister. The target is part of a 2015 draft budget that...

Greece Reports 2.5-bln-euro Primary Surplus in Jan-Aug‏

Greece reported a primary surplus of 2.5 billion euros in the January-August period, sharply up from a primary surplus of 1.2 billion euros in the corresponding period last year, the Finance Ministry said in an announcement. The announcement noted that...

Greece Beats Budget Target, But New Jobs Elusive

AP - Greece 's finance ministry says the country's budgetary position is much better than anticipated. It says that its surplus, once debt and interest payments are excluded, in the first eight months of the year is double the amount...

Greece Reports 3.2 bln Euros Primary Surplus in Jan-July

The Greek government on Wednesday reported a primary surplus of 3.2 billion euros or 1.8% of GDP, in the January-July period this year, from a primary surplus of 1.8 billion or 1.0% of GDP in the corresponding period of 2013. According...

Unified Property Tax To Be Paid in 6 Installments

The unified property tax known as ENFIA will be paid in six installments. The decision was made at a broad meeting chaired by Greek Prime Minister Antonis Samaras with the participation of Government Vice-President Evangelos Venizelos, Finance Minister Gikas Hardouvelis and Alternate Finance...

Greek Government Records €1.8 Billion Primary Surplus

In a report on budget execution, the finance ministry said that the primary surplus totalled 1.8 billion euros in the first half of 2014, up from a primary deficit of 1.9 billion euros in the corresponding period in 2013....

Greek Budget Records 1.2B Euro Primary Surplus in Jan-May‏

Greek budget recorded a primary surplus of 1.2 billion euros in the first five months of the year, Alternate Minister of Finance Christos Staikouras said on Monday. In a report on budget execution, the Finance Ministry announced that the primary surplus totaled...

Social Dividend Distribution in Greece

An additional 165 million euros will be allocated as "social dividend" to 250,000 households in Greece next week. Since April 17, when the first applications were submitted and until the June 30 deadline, 576,000 applications have been approved while...

Greek Queue Forms For Pay Restorations

Prime Minister Antonis Samaras, relenting to demands from five of his lawmakers who said they would not otherwise support an amendment to restore judges' pay and pension to pre-austerity levels, will now forward another measure to do the same...

Millions of Euros from Criminal Activities Returned to the State

The proceeds of criminal activities against the Greek State, which roughly reach 33.8 million euros, have been deposited in a  special Bank of Greece (BoG) account, based on figures presented on Tuesday to the parliamentary standing committee on economic affairs, by Greek...