Coalition closing in on goal of cancelling pension cuts
Eyeing domestic gains, Tsipras pursues closer ties with Europe's social democrats
Coalition optimistic about pension cuts deal as it readies reduction to contributions
With eye on elections, Tsipras talks up public sector hirings
Tsipras seeks to build political capital from "positive" measures
Tsipras reaches settlement with church, aiming to subdue critics
Stournaras calls for lower primary surplus target, debt relief measures
Speaking at a conference of the Confederation of Northern Greece Industries (SBEE), the Bank of Greece (BoG) governor Yannis Stournaras suggested on Friday that Greece’s primary surplus target of 3.5 percent of GDP in 2018 should be lowered to 2 percent.
Stournaras stressed that a lower fiscal target would facilitate a faster return of the Greek economy to sustainable and relatively high growth rates.
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