ESM Chief Regling Says Greek Primary Surplus Targets Could Be Reduced

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Chief of the European Stability Mechanism (ESM) Klaus Regling indicated on Friday that the European Institutions might consider reducing Greece’s primary surplus targets beginning in 2021.

Speaking during a press conference just before the crucial Eurogroup meeting coming up in Helsinki, the ESM chief reminded the audience that the Greek government has pledged to achieve a 3.5 percent primary surplus both for 2019 and 2020.

In brief, Regling said that if Greece’s growth rates exceed…

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Source: Greekreporter