Brussels urges Athens to remain on reform path as fourth post-MoU review looms
Athens hopes lower bond yields strengthen case for reducing fiscal targets
Staikouras strikes note of caution on fiscal space and tax cuts
Finance Ministry faces balancing act as it starts to draft 2020 budget
New Democracy tax pledges put spotlight on available fiscal space
New government holds first talks with creditors, may opt for cautious fiscal approach
PBO sees fiscal target being reached despite expansionary measures
In its quarterly report published on Wednesday, Parliament’s Budget Office (PBO) does not share the concerns of the country’s lenders about the impact of the latest expansionary measures on fiscal targets.
The PBO highlights that in 2018 Greece achieved the highest primary surplus in the eurozone, reaching 4.4 percent of GDP, and the fifth highest overall fiscal performance with a total surplus at 1.1 percent of GDP, which confirm that Greece is capable o...
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