Christos Staikouras

Deciding not to pay creditors in full and delaying tax returns to individuals and businesses, Greece posted a primary surplus - not counting interest due either - in the first eight months of the year, Finance Ministry data showed...

A “safe feeling” that a primary surplus will be achieved in 2013 as planned, was expressed by the Greek Deputy Minister of Finance, Christos Staikouras, who said so because of the optimistic signs of recovery and strict monitoring. Public revenue...

The Greek government says it has beaten its budget deficit targets so far this year, posting a primary surplus. Deputy Finance Minister Christos Staikouras said today that preliminary figures show the state budget had a primary surplus — which excludes...

The Ministry of Education said it's going to move to close or merge 13 secondary schools and merge 15 after doing the same to 118 primary and preschools as part of more austerity cuts. The move came through a ministerial...

The Greek state budget presented a big decrease of the deficit in June despite a big drop of 1.617 billion euros ($2.08 billion) in expected tax revenues even though taxes had been hiked. Big cuts in spending offset the lack...

While the Greek economy shrank 5.6 percent of Gross Domestic Product (GDP) in the first quarter this year, the Finance Ministry said the primary deficit also fell as deep spending cuts offset less-than-expected tax revenues that were far off...

According to a Finance Ministry announcement on May 13, the Greek government is going to spend 500,000 euros ($650,000) this year to provide vaccinations for children whose families are poor and do not have health insurance. The ministry said that...

Spiegel cites an extensive report based on the Greek Sunday Press release regarding the German compensation of World War II to Greece. The German magazine cited an article, Result of the confidential report of Athens: Germany owes Greece Billions in...

With unemployment at a record high 26.8 percent - more than 55 percent for those under 25 - and the likelihood it could hit 28-30 percent in the next year, Greece's uneasy coalition government said it's going to reverse...

Greece's state budget deficit narrowed 40% in the January to November period, in comparison with a year earlier, as steep spending cuts offset a small drop in revenues, finance ministry data showed Monday. According to the figures, the deficit narrowed...