Stability Programme reflects subdued expectations for 2021, high hopes for 2022 onwards

EconomyMacroeconomy Tags: Debt, GDP, MoF
Photo by TP via Flickr
Photo by TP via Flickr

Greece has submitted to the European Council and Commission its Stability Programme for the period 2022 -2024, which is based on the activation of the general escape clause that allows temporary violations of fiscal commitments due to the pandemic.

The main macro assumptions that were included in the document sent last week are in line with those recently presented by Finance Minister Christos Staikouras at the cabinet meeting.

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