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Tuesday, February 25, 2014

Greek Court Rulings Bleed Primary Surplus

Greek Prime Minister Antonis Samaras' game plan to get the economy going after after seven years of a deep recession have run into rulings from courts that the government must repay salary cuts to the military and emergency services - and now that big cuts in lump sums for pensioners are unconstitutional. Samaras had said he expects a primary surplus of as much as 1.5 billion euros ($2.07 billion).

The post Greek Court Rulings Bleed Primary Surplus appeared first on The National Herald.


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