PBO sees fiscal target being reached despite expansionary measures

EconomyProgramme Tags: PBO
Photo by MacroPolis
Photo by MacroPolis

In its quarterly report published on Wednesday, Parliament’s Budget Office (PBO) does not share the concerns of the country’s lenders about the impact of the latest expansionary measures on fiscal targets.

The PBO highlights that in 2018 Greece achieved the highest primary surplus in the eurozone, reaching 4.4 percent of GDP, and the fifth highest overall fiscal performance with a total surplus at 1.1 percent of GDP, which confirm that Greece is capable o...

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