Athens takes heart from Gentiloni, Lagarde comments but still has distance to cover

EconomyMacroeconomy Tags: Budget, EC, ECB

During the first visit to Athens of the new Economic Affairs Commissioner Paolo Gentiloni, the Greek government stepped up its efforts to secure more fiscal space that will allow it to continue its policy of tax cuts.

As Prime Minister Kyriakos Mitsotakis welcomed the Commissioner and with the television cameras present, he grabbed the opportunity to raise the issue of the reduction of primary surpluses from 2021, instead of 2023 as is scheduled, noting that “soon an...

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