Troika review begins with fiscal targets and tax breaks in focus

EconomyMacroeconomy Tags: MoF
Photo by MacroPolis
Photo by MacroPolis

The troika begins its latest review of the Greek program on Tuesday, just six days before the 2015 draft budget is due to be submitted to Parliament. The focus is on what fiscal targets the government will have and what tax breaks it will be able to offer.

Citing a senior Ministry of Finance (MoF) official, To Vima daily reports that the general government (gg) primary surplus is expected to reach 1.7 percent of GDP in 2014. This is lower than the 2.3 percent incorporated in the latest Medium-Term Fiscal ...

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