Piecemeal process likely in drive for more fiscal space

EconomyProgramme Tags: EC, Eurogroup, Taxes
Photo by MacroPolis
Photo by MacroPolis

It is becoming increasingly clear that the Greek government will have to be patient in its bid to gain greater fiscal space, a move that would allow it to live up to its promise to voters of easing the tax burden.

Although Athens was encouraged by European Economic Affairs Commissioner Paolo Gentiloni clearly stating during his visit last week that Brussels will support Greece over its request for lower primary surpluses, there seems to be an acceptance in the Gr...

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