According to Hatzidakis, these information remains to be certified by Eurostat in about a month, but it is a given that the budget has been highly overnamed
Primary surplus 3.5% of GDP but also a fiscal surplus of 0.2% of GDP showed the 2024 The budget According to figures announced by the former Minister of Finance and current Vice President of the Government Kostis Hatzidakis At the Delivery-Receiving Ceremony to the new Ministry of Education Kyriakos Pierrakakis.
According to Mr. Hatzidakis, these data remains to be certified by Eurostat in about a month, but it is a given that the budget of 2024 has suffered a great deal.
According to the latest updating of the targets, with the 2025 budget, last year the primary surplus was expected to close at 2.5% of GDP while the fiscal deficit would be 0.7% of GDP.
The performance is significantly better with the overrun approaching 2.5 billion euros and according to Kostis Hatzidakis this comes as a result of “hard and neat work”.
Kyriakos Pierrakakis, for his part, laid a basis for the continuity of political and fiscal stability and committed to the objectives in full, both in surpluses and debt, as well as primary expenses.
Source: Skai
I am Janice Wiggins, and I am an author at News Bulletin 247, and I mostly cover economy news. I have a lot of experience in this field, and I know how to get the information that people need. I am a very reliable source, and I always make sure that my readers can trust me.