EU Commission

Greece may end 2012 with a better-than-targeted primary budget deficit gap, although it doesn't include sizeable interest payments, the newspaper Kathimerini newspaper reported, citing a senior finance ministry official. The paper said Greece's primary budget balance, which excludes debt servicing...

Greece will enter its sixth year of recession in 2013 but will start to come out of it in the second half of the year, leading to a modest expansion in 2014, the European Commission said Wednesday in its...

Despite expectations to the contrary, the European Commission asks for additional Greek measures in its report published on Thursday on the European Union's economy as daily Kathimerini writes. Brussels expects Greece's budget deficit this year to amount to 8.9%...