Government guarantees fiscal balance for the next two years

26 October 2015
117 Views

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 marriage
GREECE
shares82 views
GREECE
shares82 views

Syros: Greek tradition & western influence come to a harmonious marriage

Panos - 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 suggests
WORLD
shares91 views
WORLD
shares91 views

Environment may have partially led to the fall of Queen Cleopatra, research suggests

Panos - 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 galaxies
GREECE
shares77 views
GREECE
shares77 views

Greek astronomer in Germany discovers spindle-like galaxies

Panos - Oct 20, 2017

Athanasia Tatsi is another Greek scientist at the forefront of global scientific research this time in the field of Astronomy.…

Leave a Comment

Your email address will not be published.