Final budget details on the wires a short while ago
Target of 0.5% surplus is in line with bailout expectations
- GDP to shrink to 0.7% in 2016
- expecting 2015 GDP to stagnate
- forecast of general govt debt to GDP ratio of 187.8% in 2016
- budget forecasts privatisation proceeds of €1.88bln on 2016
Every little helps I guess
Meanwhile EURUSD is back down to 1.0698 having had another look above 1.0700
Like wise GBPUSD back down to 1.5293 after failing above 1.5300 with EURGBP stuck around 0.6995
Elsewhere other pairs are seeing a similarly subdued trading range
