primary surplus

The press officer and close associate of former PASOK President and Prime Minister Giorgos Papandreou, Giorgos Elenopoulos, has lashed out against those who speak of a primary surplus and are critical of the policies followed in 2010 and 2011 “in a effort to appear immaculate and unblemished in the upcoming elections”. In his statement Mr. […]

A high-ranking European officer expressed his surprise at the Greek government’s “confidence” with regards to the primary surplus from 2013 and noted that it is too soon for the Eurostat to have a clear picture of what the primary surplus will actually be. While the officer admits that he hopes that the Greek government is […]

From the stand in Parliament the Deputy Minister of Finances Christos Staikouras repeated his claim that the primary surplus will exceed the government’s initial expectations and stressed that after being certified in April, it will pave the way for reducing the debt “by any means necessary”. Mr. Staikouras explained that the troika predicts that the […]

The Minister of Finances Yannis Stournaras plans of relying on the unexpectedly high 2013 primary surplus, which is estimated to be about 1% of the GDP, as well as the improvements in the real economy, in order to strike a deal with the troika by the next Eurogroup session. During his visit to Frankfurt, the […]

The Prime Minister Antonis Samaras appeared at New Democracy’s Parliamentary Group meeting, where he announced that the primary surplus will return to the Greek people and took the opportunity to attack the opposition. Mr. Samaras explained that “the primary surplus came about a year earlier. We were ridiculed when we spoke of it in early […]

A study conducted by ALCO on behalf of the Athens Chamber of Commerce and Industry (EVEA) showed that the majority of Greek people are not convinced by government claims on the impact the 2013 primary surplus will have on their everyday life. Specifically, the study showed the 66% felt that there would be no discernible […]

The high cost of heating oil and natural gas has lead to a proliferation of wood burners and an emergent smog problem that is plaguing urban areas and threatening public health. In order to tackle this environmental and health disaster, the government has been working on a plan to provide cheaper heating. While the implicated […]