Politics

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Photo via http://www.delphiforum.gr/ Fiscal targets and tax cuts on agenda as Staikouras meets Regling

The new Greek government is due to hold its first meeting with representatives from the European creditors on Monday as it tries to convince the institutions that it can proceed with its plans for tax cuts without putting the fiscal target at risk.

Photo by Panayotis Tzamaros/Fosphotos Mitsotakis, ND officials rebuff suggestion of credit line

Kyriakos Mitsotakis and senior New Democracy officials have distanced themselves from the suggestion that if their party wins the elections it will apply for a precautionary credit line from the European Stability Mechanism (ESM) and use at least part of Greece’s cash buffer to help banks deal with their non-performing loans.

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