AP reports that Greece has beaten its bailout budget targets for a third successive year and eased its massive debt burden by a fraction as the country prepares to exit its international rescue program in four months.
The country’s independent statistics agency on Monday reported long-awaited data for 2017 that will influence ongoing negotiations between Athens and creditors on the terms of Greece’s exit.
According to the agency, the 2017 primary budget surplus – the balance before debt repayment is included – stood at 4 percent, while the national debt stood at 178.6 percent of gross domestic product, down from 180.8 the previous year.
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Photo Source: flickr.com Tilemahos Efthymiadis
Source: ekathimerini.com
