Greece

Greece is a country in the southern Balkans

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Greece meets budget target for more debt relief from creditors


Greece met the budget goal set by its euro-area partners as a condition for talks on further debt relief.

The government of Prime Minister Antonis Samaras recorded a primary budget surplus, which excludes interest payments, of 1.5 billion euros ($2.1 billion) last year, the European Commission said on Wednesday.

Greece, Germany sign deal for IFG


Germany’s state-owned KfW bank is set to contribute 100 million euros to the Institution for Growth in Greece, IFG.

The deal was signed by Greel Development Minister Costis Hatzidakis and KfW Senior Vice-President Dr Lutz-Christian Funke, in the presence of Finance Minister Yannis Stournaras, in Athens on Wednesday.

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