Follow Greece Investment Immigration and Greek Economic news: The Deputy Finance Minister of Greece stated on Tuesday (January 14) that the Greek central government recorded a budget surplus of 700 million euros in 2013, and the Greek government will continue to closely monitor the overall level of government debt. This will enable the country to meet the conditions for debt relief.
Greece has previously stated that if the country records a full-year budget surplus, it will seek further debt relief from its Eurozone partners and the IMF (International Monetary Fund).
International lenders require Greece to achieve an overall government surplus rather than just a central government surplus, but the data released today also indicates that Greece is making efforts toward achieving an overall budget surplus.
Greece aimed to record a budget surplus of 812 million euros in 2013, accounting for approximately 0.4% of its GDP. The 2013 budget surplus includes 2 billion euros in interest waivers on government bonds provided by Eurozone allies.