"Excess on occasion is exhilarating. It prevents moderation from acquiring the deadening effect of habit."
Monday, December 19, 2016
Wow! Greece As A Global Fiscal Role Model
Greece Ends Year With Surplus; Passes Landmark Budget That Projects Economic Growth
The Greek parliament has approved a 2017 budget that calls for keeping spending restraints in place, while projecting economic growth to continue at 2.7%. Prime Minister Alexis Tsipras said that 2017 will mark Greece's "final exit" from its nearly decade-long financial crisis. The budget adds more than 1 billion euro in new taxes, mostly indirect taxes…