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Another crisis chapter closes, triggering final round of debt relief measures
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Enhanced surveillance concludes, but more reforms and tougher fiscal targets lie ahead
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Some tasks, risks left as Greece takes another step to exit from post-bailout surveillance
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Latest EC review clears path towards end of enhanced surveillance process in 2022
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Creditors give thumbs up for 10th post-MoU review, underline pandemic legacy
No let up ahead in terms of fiscal demands for new Greek government
Fiscal policy remains at the heart of Greece’s third economic adjustment programme. A series of fiscal measures were approved in the summer but a long list of pending interventions is among the key milestones for the first programme review.
In mid-July, the government legislated a VAT reform aiming to generate annual revenues of 1 percent of GDP. The basic VAT rate was set at 23 percent, a super-reduced rate was set at 6 percent for pharmaceuticals, books and theatre and a reduced rate of ...
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