Tsipras looks to build political capital from 2016 overperformance

PoliticsGreek Politics Tags: ELSTAT, IMF, SYRIZA, Tsipras
Photo by Panayotis Tzamaros/Fosphotos
Photo by Panayotis Tzamaros/Fosphotos

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.

The announcement by ELSTAT that the budget primary surplus reached 3.9 percent of GDP (or 4.19 percent, according to the way that it is measured for the purposes of Greece’s programme) against a target of 0.5 percent was immediately seized upon by the g...

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