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Greece parliament endorses 2014 state budget drafted without approval of it’s creditors

December 08, 2013, 4:03 UTC+3 ATHENS
The state budget was drafted without the approval of the troika of international creditors - the European Commission, the European Central Bank and the International Monetary Fund
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© AP/Kostas Tsironis

ATHENS, December 08, 3:34 /ITAR-TASS/. Greek lawmakers voted for the state budget in 2014 on Sunday.

The state budget was drafted without the approval of the troika of international creditors (the European Commission, the European Central Bank and the International Monetary Fund). Athens fails to receive a next tranche of credits at one billion euro since June 2013 due to the disagreements with the troika over the measures, which should cover a 1-1.5 billion euro shortage of financial resources in the state budget in the next year.

For the first time the Greek state budget for 2014 envisages a slight economic growth after six years of recession that resulted in the country’s GDP dwindled by one fourth. The Greek economic growth is expected to reach 0.6 percent next year.

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