Percorso:ANSA > Nuova Europa > Greece > Greece: parliament to vote on 2018 budget, more austerity
Greece: parliament to vote on 2018 budget, more austerity
New tax hikes and pension cuts over the next two years
19 December, 11:40
(ANSA) - TRIESTE - Greek lawmakers are to vote on the
country's 2018 budget, which includes further austerity measures
beyond the official end of Greece's third international bailout
next summer.
The budget promises Greece's international lenders continued belt-tightening measures and high primary budget surpluses. The budget balance before debt and interest payments are taken into account. It sets the primary surplus at 2.44% for 2017 and 3.82% for 2018, higher than previously estimated. Greeks will see new tax hikes and pension cuts over the next two years.
Bailout lenders had demanded additional guarantees the Greek economy will be stabilized before considering measures to improve the debt repayment terms. (ANSA).
© Copyright ANSA - All rights reserved
The budget promises Greece's international lenders continued belt-tightening measures and high primary budget surpluses. The budget balance before debt and interest payments are taken into account. It sets the primary surplus at 2.44% for 2017 and 3.82% for 2018, higher than previously estimated. Greeks will see new tax hikes and pension cuts over the next two years.
Bailout lenders had demanded additional guarantees the Greek economy will be stabilized before considering measures to improve the debt repayment terms. (ANSA).
