Parliament's budget office warns government to move quickly

EconomyMacroeconomy Tags: PBO

In its latest quarterly report published on Friday, the Parliamentary Budget Office (PBO) urged the new Greek government to move fast in order to reverse the negative climate created by snap elections and the failure of the previous administration to reach an agreement with the troika.

The PBO underlines that despite the 2014 primary surplus, the new government starts from a worse position than had been expected last year. Commenting on the funding needs in the coming months, the report notes that it appears impossible for Greece to c...

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