Phrases with «primary surplus»

The phrase "primary surplus" refers to a situation where a country's government revenue exceeds its expenses, not counting the interest it pays on its debts. It means that the government is collecting more money from taxes and other sources than it is spending on its operations and public services. Full definition

primary surplus

Related phrases

primary budget surplus

Sentences with «primary surplus»

«The European creditors also have a more optimistic view of Greece's fiscal and macro prospects than the IMF, including that Greece will be able to maintain primary surpluses of 3.5 pecent of GDP for the coming years. (cnbc.com)
Data from the European Commission indicates that the Greek deficit should fall below 3 percent in 2016 and that Athens should outperform its agreed primary surplus target of 0.5 percent this year. (cnbc.com)
Greece's leftist - led government and the central bank also want lower primary surplus targets, arguing this will give Athens room to cut taxes and help the battered economy return to growth after a protracted recession. (fortune.com)
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Phrases with «primary surplus»

Related phrases

Sentences with «primary surplus»

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