Greece out of fiscal spotlight, but economic imbalances still a worry

Economy Tags: Budget, ESM, European Union, GDP, Reforms

The European Commission announced last week that it started an excessive deficit procedure for France and Italy, but Greece is not in the spotlight over its public finances, although Brussels has again highlighted various imbalances in its economy.

Following a turbulent period during which Greece suffered significant economic and social costs, the country is no longer the centre of attention as far as fiscal matters in the eurozone are concerned. Also, the entire spectrum of the political system h...

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