Two cheers were raised in Greece on Monday with government news it expects GDP growth to continue in 2015, and that it will nave a primary budget surplus of 2% this year, above the target.
The 2015 budget includes cuts in emergency heating oil and solidarity taxes, and a lower VAT band on restaurant meals will stay. The government hopes some giveaways will save it if, as feared, Greece has a snap election in the spring. Current opinion polls put the leftists of Syriza in the lead. The deputy finance minister insisted Greece was “entering a long period of sustainable growth”.