Positive news on #Greece: new #Eurostat data show that Greece has again outperformed its fiscal targets. In 2017, the primary surplus in programme terms has reached 4.2% of GDP instead of 1.75% of GDP target. Good news in the view of the programme conclusion in August!
Greek GDP primary surplus at 4.2%
- Written by E.Tsiliopoulos
Greece has achieved a 4.2% primary surplus of the GDP fo 2017, according to official data released by the Hellenic Statistical Authority.
Earlier the EC Vice-President Valdis Dombrovskis tweeted on his account: “Positive news on #Greece: new #Eurostat data show that Greece has again outperformed its fiscal targets. In 2017, the primary surplus in programme terms has reached 4.2% of GDP instead of 1.75% of GDP target. Good news in the view of the programme conclusion in August!”
Based on the data released, the over 4% figure exceeded the target of the current bailout programme which had been set at 1.75%. “The achievement of a primary surplus of 4% of GDP for 2017, according to the Greek Statistical Authority, demonstrates for one more year the credibility of financial management.”, the Greek Finance Ministry said in a statement.
Related items
- Manpower Report: Sectors in Greece that Have Achieved Full Gender Equality in the Workplace
- ational Defense Minister Dendias concludes London visit
- Finance Ministry: Greece a champion in real GDP per capita growth in Europe
- African dust smothers Greece - Doctors warnings
- Ancient Messene to get upgraded visitors' facilities, following approval by Council
Latest from E.Tsiliopoulos
- Manpower Report: Sectors in Greece that Have Achieved Full Gender Equality in the Workplace
- ational Defense Minister Dendias concludes London visit
- Finance Ministry: Greece a champion in real GDP per capita growth in Europe
- African dust smothers Greece - Doctors warnings
- Ancient Messene to get upgraded visitors' facilities, following approval by Council