Staikouras: Primary Surplus 3.9bln Euros According to Eurostat Method

Deputy Minister of Finance Christos Staikouras repeated his claim in Parliament on Tuesday that the primary surplus is going to exceed the government’s initial expectations. At the same time he noted that after being certified in April, it is expected to pave the way for a reduction in the debt by "any means necessary”.

The Minister explained that the Troika estimates that the primary surplus is going to exceed the original estimation of 812 million Euros (or approximately 0.4% GDP) for a second year in a row, while Eurostat’s estimations suggest it could be as much as 3.9 billion Euros (or 2.1% GDP).