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Greece ends up with no budget surplus and a recession of over 2% for 2015

10 August 2015 / 17:08:12  GRReporter
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"The primary budget surplus for 2015 will be 0% and recession is going to be anywhere between 2.1% and 2.3% – unless something changes dramatically before the final agreement," said a Greek government official today.

The same source added that the abolition of the special tax on diesel fuel for farmers will be efrfected in two stages: one in October 2015 and another in October 2016. The Greek government wants the abolition of early retirement to take place during the next evaluation of the new bailout package.

Tags: budget surplus recession Greek government creditors Bailout Programme
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