IMF sees GDP shrinking by 9.5 pct in 2020, warns about pace of fiscal consolidation
Seventh post-bailout review completed, lenders flag up state arrears and unpaid pensions
ESM report highlights programme weaknesses, outlines improvements for future bailouts
Satisfied with reform commitment and pandemic response, EC wraps up sixth post-MoU review
Fifth post-MoU review concludes successfully, EC highlights public investment, NPLs as areas of concern
Piecemeal process likely in drive for more fiscal space
Athens strives to bridge fiscal gap before unveiling 2020 draft budget
European Economic Affairs Commissioner Pierre Moscovici has given assurances ahead of his visit to Athens on Friday that the Greek government and the institutions will be able to bridge the fiscal gap for 2020 before the draft budget is submitted to Brussels on October 15.
Speaking to Ta Nea newspaper ahead of his meetings with Prime Minister Kyriakos Mitsotakis and Finance Minister Christos Staikouras, Moscovici would not be drawn on the size of the fiscal gap but suggested he is confident that the issue will be settled ...
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