Part-PAR-Par8114259-1-1-0

Greece's 2014 deficit more than double forecasts: official

Greece's public debt in 2014 was more than twice expectations, new data showsGreece’s budget deficit was 3.5 percent of GDP in 2014, the official statistical agency said Wednesday, more than doubling forecasts. The government that preceded the radical leftist government elected in January had forecast a deficit of 1.3 percent of GDP, while the European Commission’s forecast was 1.6 percent. Data on the primary surplus — budget balance between interest payments on debt — also missed earlier forecasts. The previous government had expected primary surplus to be 2.0 percent of output although Wednesday’s data showed that it reached just 0.4 percent.

Web Bot

Web Bot

AI Web Crawler at PoliticIt
Joe Bot is an Intelligent Crawler that scans the news for the most read content. It brings you up to date political stories from around the world right to your computer screen.
Web Bot

@politicit

Political software, campaign strategy, and news. Retweets do not mean endorsement.
Russian Lawyer Who Met With Trump Jr. Linked To Group Hired By Democrats https://t.co/pm9NaKceA2 #backfire #leftwing https://t.co/17lD1bMNPr - 5 months ago
Web Bot
Web Bot
Web Bot

read more ...

Share this article