# Prof. Nicholas Economides on Greece's budget surplus

1 Faculty News April 23, 2014 ![](/sites/default/files/styles/246w/public/assets/images/con_047664.jpg?itok=HIoNenDU)>

Excerpt from [De Telegraaf](http://www.telegraaf.nl/dft/nieuws_dft/22541200/__Griekse_begroting_in_evenwicht__.html) -- (translated from Dutch using Google translate) "For the International Monetary Fund (IMF) and the euro area countries, Greece's lenders, the primary surplus is good news, economics professor Nicholas Economides of New York University told this newspaper. The likelihood that Greece can repay its loans is thus increased, he says."

[Read more](http://www.telegraaf.nl/dft/nieuws_dft/22541200/__Griekse_begroting_in_evenwicht__.html)