ELSTAT’s confirmation on Friday that the 2016 primary surplus was well in excess of the agreed target appears to have given the government a boost for the time being.
Greece’s general government primary surplus climbed to 3.9 percent of GDP in 2016, according Hellenic Statistical Authority (ELSTAT) first notification published on Friday.
Greece’s delegation of ministers is due to head to Washington for the International Monetary Fund’s Spring Meetings on Thursday, hoping that it will return with at least confirmation that the IMF and the eurozone are on the same page regarding debt relief.
The Greek equity market traded mostly in negative territory this week with very soft trading volumes, dropping by 1.8 percent and ending a 3-week rally that saw cumulative gains of 7.5 percent.
The impact of the economic crisis in Greece on health has been more nuanced than previous reports suggested, research conducted by a team of British and Greek scientists has found.
As both the Justice and Development Party (AKP) and President Recep Tayyip Erdogan are likely to win any upcoming elections, the approved constitutional changes will institutionalizs a populist one-man system equipped with vast additional powers