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
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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