Government guarantees fiscal balance for the next two years

26 October 2015
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The government guarantees fiscal balance for the next two years that will be socially just, Alternate Finance Minister Giorgos Chouliarakis said on Thursday, at the end of the debate on the 2016 draft budget in the parliament’s economics committee.

“The government guarantees fiscal balance both for 2016 and 2017 in a socially just way,” he said.

Responding to opposition MPs who argued that the government is leading the economy from surpluses to deficits, Chouliarakis said the 2016 budget foresees primary fiscal surplus of 0.5 pct and not a deficit. “It’s a realistic surplus which allows the economy to exit the recessionary trend of the past few years and recover,” he note

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