Greek budget

Greece's lawmakers  passed next year's budget on Tuesday night. The budget extends tough austerity measures that have already left Greeks struggling as the country tries to slash its debts and pull itself out of a severe recession. With three parties,...

A gap of €3 billion is revealed in the execution of the state budget in the first ten months of 2011, mainly due to the large shortfall in revenue and excess of expenditure. The gap is estimated according to the...

Greek Finance Minister Evangelos Venizelos said the country's 2012 budget targets a primary budget surplus of 1.1% of economic output, adding that no further tax measures are included in the plan. Speaking to lawmakers shortly before submitting the final budget...

Greece's state budget deficit totaled 20.104 billion euros in the January-October period, down from a revised budget target of 20.362 billion euros, but up from 18.081 billion euros in the corresponding period in 2010, official figures showed on Wednesday. A...