H2 results to determine whether Tsipras govt achieves closely watched fiscal targets

13:49 17/7/2018 - Πηγή: Ναυτεμπορική

The second half of 2018, as expected, will in large part determine the success in executing the year's state budget, as figures from the first half of the year - announced on Monday - show that the primary budget surplus target (as a percentage of GDP) is revised to 1.769 billion euros, down from a much more ambitious 4.257 billion euros. The latter was cited in the 2018 budget, which was ratified last year by Parliament.