Sentence examples for back to primary surplus from inspiring English sources
But Italy's problems arguably have less to do with government debt than with rigid business patterns, corruption and cronyistic regulations, not to mention low birth rates; and democratic governance has in fact succeeded in getting Italy's budget back to primary surplus (unwisely so, in the midst of Europe's recession).
In 2000, it was back to primaries.
"From next year, we'll be moving on to primary surpluses," he said.
Nevertheless the creditors have already reduced their demands to a primary surplus to just 1percentt of GDP for this year.
After five years of harsh spending cuts and tax rises imposed at the behest of the troika, the Greek government has battled its way back to a so-called primary surplus.
"The only way to get back to a surplus is under a Coalition government, because Labor will never get back to a surplus".
He told the AFR the budget would contain "a credible path back to surplus" but refused to say when a surplus may be achieved.
The path back to surplus outlined in Tuesday's budget is driven mostly off the back of revenue growth.
