New government holds first talks with creditors, may opt for cautious fiscal approach
Lenders urge new government to meet fiscal targets as Athens issues 7-year bond
Eurogroup emphasises limited room for discussion on fiscal targets
Regling underlines concerns about fiscal target after voter-friendly measures
Eurozone set to give next govt until Sept to address fiscal issues
EC warns budget not on track due to handouts, advises against further underspend
Athens ready to start legislating fiscal measures despite ongoing talks over 2019 budget
All eyes will be on the dispute of Italy’s budget at Monday’s Eurogroup, but in Greece the government is preparing to start legislating fiscal measures even though the disagreement over its own economic plan for 2019 does not seem to have been settled yet.
The government is expected to start submitting draft legislation to Parliament from this week with the aim of fulfilling the pledges, or at least most of them, made by Prime Minister Alexis Tsipras at the Thessaloniki Expo in September.
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