Greece Doubles Surplus Estimate

ATHENS—Greece’s government submitted its 2014 budget to Parliament Thursday, despite not having reached a deal with international budget inspectors over further cutbacks needed for next year.
But the spending plan also shows a more robust primary surplus than previously expected for this year—Greece’s first in a decade–strengthening Athens’s hand in what has become a game of high-stakes negotiation for the Greek government with its creditors. In an effort to sidestep the latest demands by the inspectors, Prime Minister…

Excerpt from: Greece Doubles Surplus Estimate