Greek Parl Adopts 2014 Budget Plan

Greek Parl Adopts 2014 Budget Plan

Greece's parliament approved next year’s budget plan envisaging over 3.0 billion euro of austerity cuts, Reuters reported.
"This is a historic day," prime minister Antonis Samaras told parliament, as quoted by the news agency. "People's sacrifices bore fruit and changed the course of the country."
A total of 153 MPs in the 300-seat house voted in favour of the 2014 budget plan. 
The government expects a budget surplus before interest payments at 812 million euro in 2013 thanks to higher than expected tax revenues. 
However, Greece’s international lenders have not approved the plan, which sticks to a target for a primary budget surplus (before interest costs) of about 1.5% of GDP next year.
 
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