PDMA releases details of 10-year bond, highlighting strong interest
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EC report notes economic imbalances and outlines remedies
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Details of bond issue give Athens boost in bid to establish market access
Athens starts MTFS process with baseline scenario that sees growth slowing down
The regular cycle for the preparation of Greece’s Medium-Term Fiscal Strategy (MTFS) for the 2020–2023 period began on Friday with a memo that was issued by the Alternate Finance Minister Giorgos Houliarakis to all the ministries involved in the process.
The document includes the main macroeconomic assumptions for all the elements that will drive economic activity over the next five years. The assumptions remain broadly unchanged from last year’s process, which ran up to 2022.
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