target Archives - Keep Talking Greece

Target missed: Greek state budget primary surplus of €3.162bn in 2018

January 18, 2019 Economy 1

Greek state budget recorded a primary surplus of 3.162 billion euros in 2018, down from a budget target for a surplus of 3.604 billion but sharply from a primary surplus of 1.940 billion in 2017, the Finance ministry said on Monday. The ministry report said that according to provisional budget …

Greece says 2018 privatizations target is ‘high but feasible’

March 31, 2018 Economy Comments Off on Greece says 2018 privatizations target is ‘high but feasible’

Greece’s target of 2 billion euros in privatization revenues this year is high but can be met, the chairman of the country’s privatizations agency said on Friday. Greece’s third bailout ends in August and it has agreed with its international lenders to raise 3 billion euros ($3.7 billion) by 2019 …

Greece announces “Return to Bond Markets”, aims to raise €4.03billion

July 24, 2017 Economy Comments Off on Greece announces “Return to Bond Markets”, aims to raise €4.03billion

The much anticipated return to the bond markets is on. Greece’s government is returning to the financial markets for the first time since 2014. The bond sale started at 1 p.m. Monday noon July 24th. 2017. The government aims to raise some 4.03 billion euros from the auction, while the …

18 Reforms List targets €3.2bn in 2015 – Confusion about “stop serving the debt”

March 27, 2015 Economy 3

While Greece was sending its Reforms List to the creditors, a non-paper issued by the Prime Minister’s office created confusion as it looked as if Athens was threatening the creditors with stop serving the debt unless the bailout disbursement would be released.” An additional declaration made clear that “the threat” …

Germany: Second Greek restaurant target of hate- and racism attacks

March 23, 2015 Very Mix 5

“Pigs, get out!” This is just one of the insults the Greek owners of Athos restaurant were exposed to in the last three weeks. E-mails, letters and phone calls by anonymous racists have been insulting Elsa Athanasiou and Pashalis Hatzopoulos as “liars, cheaters and tax evaders.” The threats and insults …

Greece’s reforms target €7.3 bn in revenues; €404mln already seized from bank accounts

February 23, 2015 Economy 5

While the Three Institutions – the ex Troika – evaluate the draft list of reform proposals sent to them Sunday evening, Greek government sources told populist German Bild, how they have calculated the cost of reforms. “Greece draws up a €7.3 billion tax hit list. Crackdown on tycoons and the …

Greece’s mission impossible: Bailout demands Primary Surplus that not even Germany can achieve

February 20, 2015 Economy 1

From 1974 to 2013, only three countries ever ran primary surpluses of 5% or more for a decade. The countries of the euro area reached an aggregate primary surplus of 3.6 percent only once, in 2000. However, the Greek bailout program not only demands a primary surplus of,4.5% throughout the …

IMF Report: Greece Will Miss Debt Target in 2020

October 26, 2012 Economy Comments Off on IMF Report: Greece Will Miss Debt Target in 2020

What? Greece will miss it’s debt target? The austerity-hit and recession-ridden country will need more ‘reform’, that normally translates into ‘additional measures’? No problem. We, Greeks, are large and can give anything to our lenders. “Greek debt will be above the target of 120 percent of GDP in 2020, a …

Tag Archives: target