IMF recognises Greek 2013 surplus, sees less burdensome financing needs

Economy Tags: IMF
Photo by MacroPolis
Photo by MacroPolis

In its updated Fiscal Monitor report published on Wednesday, the International Monetary Fund confirms Greece achieved a general government (gg) primary surplus of 1.5 percent of GDP in 2013.

In October 2013, the IMF forecasted a zero primary balance for Greece. “Greece met its primary surplus target with a substantial margin,” the IMF said.

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