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
A Greek & a Cypriot on POLITICO’s list of the 28 most influential EU personalities for 2018makis - Dec 15, 2017
One of the two names is more than well-known both in Greece and around Europe as it belongs to the…
Tito’s granddaughter sides with Greece against FYROMmakis - Dec 15, 2017
“Although my grandfather, Josip Broz Tito, ‘gave’ the name ‘Macedonia’ to one of the six constituent republics of Yugoslavia, it…
Education Minister Gavroglou opens a window for election of the Islamic mufti in Komotinimakis - Dec 15, 2017
A few days after the visit of Turkish President Recep Tayyip Erdogan to Greece, the Minister of Education, Kostas Gavroglou…