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Athens Macedonian News Agency: News in English, 16-10-03
CONTENTS
[01] Greek economy set to grow by 2.7 pct under budget plan
[02] PM and top NATO commander discuss security, NATO's role, migration
[01] Greek economy set to grow by 2.7 pct under budget plan
The Greek state budget for 2017 envisages an economic growth rate of
2.7 pct and a primary surplus of 1.80 pct, slightly higher than a target
of 1.75 pct of an economic policy program.
The 2017 draft budget tabled to Parliament on Monday, also envisages a
760-million-euros support to weak households through the introduction of a
Social Solidarity Income plan throughout the country and an additional 250
million euros in a Public Investment Program aimed to boost growth. The
draft plan envisages that economic growth will begin in the second half
of 2016 for an annual recession of 0.3 pct in the year, with economic
growth rates accelerating to 2.7 pct in 2017. The unemployment rate is
projected to ease to 22.4 pct of the workforce next year from 23.5 pct
in 2016. The primary surplus is expected to reach 0.63 pct of GDP this
year, surpassing an initial target of 0.5 pct and to rise to 1.80 pct
of GDP in 2017.
Finance Minister Euclid Tsakalotos said the new budget signaled the
return of the Greek economy to positive growth rates.
[02] PM and top NATO commander discuss security, NATO's role, migration
Prime Minister Alexis Tsipras met on Monday with the U.S. Army General
Curtis Scaparrotti, EUCOM commander and NATO's Supreme Allied Commander
Europe, to discuss regional developments concerning security, the
role of NATO and its contribution in managing the refugee crisis,
his office said.
Tsipras and Scaparrotti also discussed Greece's role in ensuring stability
and peace in the wider region, with adherence to international law.
During their talks, the prime minister expressed his intense concern about
the recent statements by Turkish politicians, noting that security and
stability in the region can only be ensured on the basis of international
law.
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