Balanced budget

Head of small businesses' umbrella organisation: 2019 state budget fragile, built on chimerical commitment appropriations

This year's state budget is fragile and unbalanced, since it relies on commitment appropriations which are actually chimeras and mean rolling over payments from one year to another, Florin Jianu, president of Romania's National Council of Small and Medium-sized Private Enterprises (CNIPMMR) told a press conference.

2019 budget aims to change narrative

The government submitted Greece's 2019 budget - the first in the post bailout era - to Parliament on Wednesday, saying it seeks to redress injustices against weaker social strata.

Moreover, Alternate Finance Minister Giorgos Houliarakis told lawmakers that it does not include legislated pension cuts planned for January.

Bulgarian PM Borissov: Revenue Agencies Work Well - the most Material Expression is the Money in the Budget

Sofia. Revenue agencies work well. The budget surplus is good, Prime Minister Boyko Borissov said at the beginning of the regular government meeting, Focus News Agency reports. "The fight against corruption and smuggling is going well. The most material expression is money in the budget," the prime minister said.

IMF's Blanchard says Greek budget proposals not enough

Greece's budget proposals are not enough to ensure a surplus this year, the International Monetary Fund's chief economist was quoted as saying on Monday.

Greece was supposed to have a 3 percent budget surplus in 2015, but that looks unrealistic now, Olivier Blanchard told the French financial newspaper Les Echos in an interview.