Greece Ends Year With Surplus; Passes Landmark Budget That Projects Economic Growth

Greece Ends Year With Surplus; Passes Landmark Budget That Projects Economic Growth

The Greek parliament has approved a 2017 budget that calls for keeping spending restraints in place, while projecting economic growth to continue at 2.7%. Prime Minister Alexis Tsipras said that 2017 will mark Greece’s “final exit” from its nearly decade-long financial crisis. The budget adds more than 1 billion euro in new taxes, mostly indirect taxes on items from phone calls to alcohol. It also cuts spending by over 1 billion euro.

View Full Post

More great content like this @ Business & Economy Front Page or you can Request Invite

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s