Alternate FinMin Chouliarakis optimistic over 2016 budget

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Alternate FinMin Chouliarakis optimistic over 2016 budget

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Alternate Finance Minister Giorgos Chouliarakis, speaking in Parliament on the 2016 draft budget, expressed optimism that fiscal data will be improved and will give the government the chance to redistribute funds on social measures.

According to Chouliarakis, 2015 recession is seen at -1.4 percent compared to a previous forecast of -2.3 percent and 2016 recession is estimated at -1.3 percent from -1.5 percent initially forecast