Tuesday, April 15, 2014
Minister of Finance Yiannis Stournaras announced yesterday (14.04) that he will table a new medium-term economic policy programme in Parliament – to be voted by May 5 - which will include the revenues and targets of the Greek economy for the next three years.
Speaking to the Parliament’s Economic Commission, Stournaras said: "During the second half of its Presidency, Greece will focus on promoting significant issues, such as benchmarks, money laundering, long-term financial tools and a directive on payment services." He added that the state’s obligation now is to accelerate the process of returning to economic growth, in light of recent developments that offer evidence of Greece’s partners’ trust, and capital and money markets.
- Greece Reports Primary Surplus
Greek government's primary surplus totaled €3.5 billion in the first two months of 2014, up significantly from €1.4 billion euros in the corresponding period in 2013, Finance Alternate Minister Christos Staikouras said last week (9.04). "The country continues, for the second successive year, to have high and sustainable primary surpluses, which are strengthening the country's negotiating position, help in an effort towards a sustainable public debt and contribute in the improvement of economic and investment climate in the country, placing the Greek economy in course to return to international capital markets," Staikouras said.