Budget Surplus Exceeds Projections, Can Accommodate Social Spending-PM

Budget Surplus Exceeds Projections, Can Accommodate Social Spending-PM

Greece's primary budget surplus has exceeded projections and will allow the government to increase social spending, prime minister Antonis Samaras said.

"The primary budget surplus is much higher than we had initially estimated ... I am telling you now that it exceeds 1.5 billion euros, three times as big as we initially calculated," Samaras said in an interview for newspaper To Vima, as quoted by Reuters."This means that we will refund a very large amount to society this year, for example to low-income pensioners and law enforcement officials."

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