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Greece confirms on track to post primary budget surplus this year
October 7, 2013 / 9:19 AM / 4 years ago

Greece confirms on track to post primary budget surplus this year

ATHENS, Oct 7 (Reuters) - Greece confirmed on Monday it will post a small primary budget surplus this year, making it eligible for additional debt relief from its international lenders.

Greece sees a primary surplus - which excludes debt servicing costs - of at least 340 million euros in 2013, Deputy Finance Minister Christos Staikouras said as he unveiled the 2014 draft budget.

The budget also confirmed the economy would shrink by 4 percent in 2013 with unemployment standing at 27 percent.

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