Greece prepares more measures to support economy after Eurogroup relaxes fiscal restrictions

EconomyProgramme Tags: Coronavirus, ESM, Eurogroup, Taxes

The government is lining up a new set of economic measures to help businesses struggling due to the impact of the coronavirus after receiving the all-clear from the Eurogroup regarding this year’s fiscal target.

It was decided during Monday’s video call involving eurozone finance ministers that Greece would not have to produce a 3.5 percent of GDP primary surplus this year. The dramatic impact that Covid-19 is having on the country’s economy means that the post...

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