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Nov 2024
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Greek state budget showed primary surplus of 595 million Euros in January-March

In March, net revenue was 3.647 billion euros, up 403 million from targets, reflecting the collection of 779 million euros from the Bank of Greece

Huge budget surplus of over € 3 billion forecast for 9-month term

The initial target was € 1.47 billion

The Economist backs calls for Greek primary surplus targets to be lowered

Greece’s bailout deal “was designed to look tough in order to be palatable to electorates in the north of Europe, but experts agree that it is wildly unrealistic”...

Bank of Greece: “Alarm bells” for this year’s surplus

For 2019 the forecast of the Bank of Greece is a primary surplus of 2,9% of GDP against a target of 3,5% of GDP

European Commission on Tsipra’s benefits: The cost will be over 1% of GDP

The additional benefits for 2020 will have a fiscal impact of 1.2 billion or 0.6% of GDP

Bruno Le Maire: We are not far from a final settlement on Greek debt

He also noted the need for an agreement between Greece and the International Monetary Fund (IMF) on the size of primary surpluses

Parliament Budget Office warns about premature optimism over Greek Economy

The country would have to sustain unfeasible yearly primary surpluses at least until 2060!

IMF: We are not demanding new measures if 2018 surplus is 2.2%

Primary surplus target for 2017 set at 1.8% of GDP

The Eurogroup on Greece: Debt relief with a fiscal “straitjacket”, Peterson Institute analysis

"Wow! A primary surplus of more than 2% for a 40-year period? This has never happened, in any country, since WWII"

The final Greece-creditors agreement: Primary Surplus 3,5% from 2019 until 2022 (read full MoU)

The IMF wants "New Democracy" party to commit to the agreement

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