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
Institutions warn of fiscal target being missed, reforms slowing
Lenders set to highlight reform delays, leaving fiscal gap concerns until after elections
PBO sees fiscal target being reached despite expansionary measures
Payment plans for overdue debts launched as Athens looks for revenue boost
There appears to have been keen interest in the schemes launched this week allowing taxpayers to settle their unpaid taxes and social security contributions in up to 120 instalments, possibly boosting the government’s efforts to convince the institutions that Greece will be able to meet its fiscal targets this year.
The government’s latest forecast is for a 4.1 percent of GDP primary surplus this year, which is 0.6 points above the 3.5 percent target. Athens insists that this is achievable despite almost 1 billion euros in relief measures (VAT cuts and pension bonu...
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