Government guarantees fiscal balance for the next two years
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
You may be interested
Syros: Greek tradition & western influence come to a harmonious marriagePanos - Oct 20, 2017
Ermoúpoli (meaning “the city of Hermes”) is the island’s capital town and has been the first important trade and industrial…
Environment may have partially led to the fall of Queen Cleopatra, research suggestsPanos - Oct 20, 2017
Environmental records and historic documents suggest a volcanic eruption could have aided the Romans in victory According to a report…
Greek astronomer in Germany discovers spindle-like galaxiesPanos - Oct 20, 2017
Athanasia Tatsi is another Greek scientist at the forefront of global scientific research this time in the field of Astronomy.…