Athens boosted by Lagarde's comments on primary surplus, but no move due for now

PoliticsGreek Politics Tags: IMF, Mitsotakis, New Democracy, SYRIZA
Photo by IMF
Photo by IMF

The government received some encouragement in its bid for lower fiscal targets from would-be European Central Bank president Christine Lagarde, even though Prime Minister Kyriakos Mitsotakis has put this pursuit on the backburner for the time being.

Speaking to the European Parliament’s Economic and Monetary Affairs Committee on Wednesday, Lagarde, who is still managing director of the International Monetary Fund, said that she stands by the longstanding view of the IMF that Greece’s fiscal targets...

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