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Athens Macedonian News Agency: News in English, 14-07-07
CONTENTS
[01] Greek budget records 1.2-bln-euro primary surplus in Jan-May
[01] Greek budget records 1.2-bln-euro primary surplus in Jan-May
ANA/MPA---Greek budget recorded a primary surplus of 1.2 billion euros in
the first five months of the year, the Finance ministry said on Monday.
In a report on budget execution, the Finance ministry said that the
primary surplus totaled 1.2 billion euros in the January-May period this
year, from a primary deficit of 1.6 billion euros in the corresponding
period in 2013, while excluding the overdue debt repayment program,
the primary surplus totaled 1.6 billion euros.
Finance Alternate Minister Christos Staikouras, commenting on the budget
results said the country, for the second successive year, recorded
high and sustainable primary surpluses, a confirmation that its public
finances were stabilizing, safeguarding the basic and necessary condition
for economic recovery through the painful sacrifices made by the Greek
households and enterprises.
"Confidence on Greek economic outlook was gradually restored, while
signs signalling a forthcoming exit from the recession this year were
increasingly strengthening. We now face a new big challenge. To transform,
the soonest possible, stabilization into a dynamic and sustainable growth,
with social cohesion. For this reason it is of national interest to
safeguard all achievements so far. And this needs a national plan and
hard work, away from populism, party politics and personal games. We
must show unreserved participation in sacrifices and social solidarity
to push the economy forward and the society towards a cycle of prosperity
for all citizens," Staikouras said.
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