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Daily Archives: April 21, 2017

ELSTAT: Greece’s primary surplus reaches 3.9% of GDP in 2016

Greece improved its public finances last year, achieving a general government primary surplus of 0.7 percent of gross domestic product compared to a 5.9 percent of GDP deficit in 2015, the country’s statistics agency ELSTAT said on Friday. “The surplus of General Government for 2016, in accordance with ESA 2010, …

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Greek PM Tsipras urges creditors to stop punishing Greece

In an op-ed to Wall Street Journal, Greek Prime Minister Alexis Tsipras urges creditors to “end punitive approaches of the past”. He stresses that the differences between the International Monetary Fund and the Europeans are harming the Greek economy. The recent economic crisis persuaded the international community that long-term economic …

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