Greece

Parliament passes 2014 Budget


Published

The Hellenic Parliament has passed the 2014 Budget despite the government continuing its dialogue with the so called troika over additional payments which have been delayed since the summer.

Prime Minister announced the budget, saying that there would be an additional €3 billion austerity cuts next year but GDP was expected to grow for the first time in six years of recession by around 0.6%.

The prime minister said that there would be a small primary surplus of around €812 million in 2013 and this will grow to around €3 billion in 2014.

The budget was passed by 153 for to 142 against.

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