December 18, 2018 / 8:51 PM / a year ago

Greek parliament approves 2019 budget

Greek Prime Minister Alexis Tsipras addresses lawmakers during a parliamentary session before a budget vote in Athens, Greece, December 18, 2018. REUTERS/Alkis Konstantinidis

ATHENS (Reuters) - Greek lawmakers approved on Tuesday the country’s first post-bailout budget which projects a high primary surplus next year and sees a pick-up in economic growth.

The budget forecasts a 2.5 percent growth in gross domestic output (GDP) in 2019 compared to a projected 2.1 percent this year. Greece is also expected to generate a primary surplus, which excludes debt servicing cost, of 3.6 percent GDP next year.

Reporting by Lefteris Papadimas, Renee Maltezou; Editing by Karolina Tagaris

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