7、Its government will run a small surplus on its "primary" budget (ie, excluding interest costs) this year, and an overall deficit of less than 4% of GDP, below the euro-area average.
4、By 2019, he argued on his blog, America's primary deficit (the difference between revenue and spending excluding interest payments) would be only 0.6% of GDP.
2、Italy's is very high, at 120% of GDP, but it runs a primary surplus (ie, excluding interest payments).
1、Principal An original investment amount excluding interest or an initial amount borrowed excluding interest.
3、It assumes that Greece could sustain a brutal reduction in its primary budget deficit (ie, excluding interest costs) of 12 percentage points.
6、Thanks to strong revenues and a slowdown in investment spending, the primary budget (ie, excluding interest payments) is on track to hit a surplus of almost 3% of GDP.
5、Its primary balance (ie, excluding interest payments) is in surplus and the average maturity of its debt is a reasonable seven years.
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