The Greek Parliament has approved the budget for the year 2019 – the first, according to Greece, the aid programs at the end of August. Athens needs to get now even money on the capital market.
After a five-day debate, the Greek Parliament accepted the budget in 2019. 154 MPs voted for the budget, 143 voted against it, as the Bureau announced. The budget is based on the assumption of economic growth of 2.5 percent. The gross domestic product is expected to rise to 190 billion euros. For comparison: in 2018, there were approximately 183 billion.
the first budget after the end of the programme
Prime Minister Alexis Tsipras had rejected in the previous Parliament debate the criticism of the Opposition to the financial policy of the government. “We did it. Today we have the pleasure to approve the first budget after the end of the austerity programme,” he said.
The budget in 2019 is the first since Greece left the utilities at the end of August. Athens needs to get now even money on the capital market. The country is monitored by the Euro-partners; by 2022, the budget must reach an annual primary surplus (excluding debt service payments) of 3.5%. Other Debts are linked.
