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
Lenders set to highlight reform delays, leaving fiscal gap concerns until after elections
PBO sees fiscal target being reached despite expansionary measures
Primary surplus target still on lenders' agenda despite snap elections
Institutions warn of fiscal target being missed, reforms slowing
The European Commission issued on Wednesday its third report of the enhanced surveillance period, highlighting concerns about the fiscal impact of the government’s expansionary measures and noting a slowdown in reforms.
The report is based on the findings of a mission to Athens between 6 and 8 May 2019 conducted by the European institutions.
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