Mr. Venizelos stated that "the new budget could under certain conditions to begin the reversal of the country's path to primary surplus".
The basic provisions of the new budget are:
The deficit is expected to reach 5.4% of GDP
The decrease in the amount of interest can reach 5 billion euros (cash basis) in 2012 and 13.6billion until 2014.
The budget revenues will increase by 4.56% to 59.184 billion euros (from 54.673 in 2011) and the expenditures will decrease to 72.557 from 77.632 billion in 2011