Your English writing platform
Discover LudwigSuggestions(1)
Exact(10)
Creditors promised to discuss the possibility of a debt write-down when Greece achieved a primary budget surplus which it is on course to do.
Tsipras, she said, had pulled off a world first leading Greece to "a new memorandum" even though it had by dint of hard work achieved a primary surplus.
In 2004 its budget achieved a primary surplus (before interest payments) of 6.5% of GDP, which went a long way to keeping Turkey's international creditors happy.
Euro-zone ministers belatedly acknowledged that, after years of austerity and a deep slump, Greece has at last achieved a primary budget surplus (ie, before interest payments).
Though Greece has, remarkably, achieved a primary budget surplus (ie, before interest payments) it is once again at odds with its creditors, who are holding back the next tranche of loans.
The policy is paying off in one respect: Christos Staikouras, the deputy finance minister, told reporters on Monday that the government had achieved a primary budget surplus of 2.6 billion euros, or 1.4 percent of G.D.P., in the first seven months of the year, significantly better than the expected primary deficit of 3.1 billion euros.
Similar(50)
Central to that argument is Greece's ability to achieve a primary surplus of 3.5% by 2018.
The government would then gradually fulfill a longstanding commitment to achieve a primary budget surplus by 2020-21.
The troika is still demanding that Greece achieve a primary budget surplus (excluding interest payments) of 3.5% of GDP by 2018.
Euro finance ministers insist that if it is ever to recover, Greece has to achieve a primary budget surplus of 3.5%, excluding debt repayments.
One is that consolidations which focus overwhelmingly on trying to achieve a primary surplus (and Britain's case is the archetypal example) fail miserably.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com