primary surplus

18.12.2019, 23:14

Mitsotakis plans second ENFIA real estate tax cut in 2020

In his speech the PM underlined government’s three top priorities: 'I will cut taxes, create many well-paid jobs, and restore the sense of security. That is exactly what I am doing.'

12.01.2019, 00:57

Primary surplus first, tax cuts second Merkel tells Greek businesses

Merkel conceded that tax cuts are in order but opposed these and any benefits being decided at the expense of the very high (3.5 percent of GDP) primary surplus target

22.11.2018, 15:04

Government to draw on cash buffer provided by creditors in 2019

'The increase in the debt of the General Government in 2018 is due to the creation of a cash buffer, part of which will be used in 2019,' the finance ministry noted.

20.11.2018, 13:19

Editorial: Do we have the money?

When one urges pensioners to hasten to submit applications, and when one promises to hand out that part of the primary surplus that exceeds targets one unavoidably stirs expectations that are difficult to meet.

08.11.2018, 20:14

Moscovici: Sustainable development contingent on implementation of reforms

“The extensive reforms Greece has carried out have laid the ground for a sustainable recovery. This must be nurtured and maintained to enable the Greek people to reap the benefits of their efforts and sacrifices,” Moscovici said.

15.10.2018, 22:08

ND: High primary surplus saps liquidity, hinders growth

Staikouras said, the government in not justified in triumphantly declaring a “return to normalcy”, as the country is in a state of paralytic stagnation.

01.10.2018, 22:20

Government plans ‘fiscal interventions’ to avert pension cuts

In a boost for the government, Eurogroup chief Mario Centeno said today that the pension cuts are not a structural reform [as the IMF maintains], but rather a revenue-raising measure.

19.09.2018, 17:38

IMF staunchly objects to putting off pension cuts in Greece

The IMF appears determined to make its views known on a political level, beginning with the representatives of eurozone member-states in the Eurogroup Working Group, on 20-21 September.

12.09.2018, 20:16

Government tells creditors it will scrap certain welfare measures to avert pension cuts

The finance minister argued that the fiscal space in 2019 will exceed the 700mn euros projected in the medium-term fiscal adjustment programme, and that this permits a rescinding of the cuts