Axar.az
UP
20 July 2018


Greek parliament approves 2017 budget

Home page Economy
12 Punto 14 Punto 16 Punto 18 Punto

Greek lawmakers approved the country’s 2017 budget on Saturday, projecting a return to strong economic growth next year but also imposing a wave of tax hikes and austerity cuts prescribed by its international lenders.

Axar.az informs, Athens estimates its economy will expand by 2.7 percent in 2017, supported by the trickle-down impact of bailout cash inflows and resurgent private demand. It also sees a primary surplus, excluding debt-servicing costs, of 2 percent of GDP.

If achieved, it would be the first signs of growth for the recession-battered economy since a short period in 2014.

The budget was approved by 152 lawmakers in the 300-seat parliament. Prime Minister Alexis Tsipras called it “a budget “of optimism, growth and economic recovery”.

Date
2016.12.11 / 09:57
Author
Axar.az
Comments
See also

Azerbaijani oil price soars by over 2%

Azerbaijani gas will take its place in EU space soon

Europe may be about to ignore US on Iran in practice

Oil prices go down

$250 billion invested in Azerbaijan during past 15 years

World's leading crypto currencies soar

Azerbaijani oil prices declines

Azerbaijan to switch to floating manat rate regime in 2020

Gazprom CEO joins trilateral gas transit talks

Azerbaijani oil price declines by 4 %

Latest
 
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla