ESM opens way for discussion to reduce primary surplus in 2020

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Head of the European Stability Mechanism (ESM), Claus Regling, has paved the way for reduction of the primary surplus and welcomed Greece’s intention to repay the IMF loan earlier than planned.

Following the Eurogroup meeting on Friday, Regling said that if the growth rates of the Greek economy were higher than expected and the borrowing cost lower, the discussion about reduction of the primary surplus could begin in 2020.

Regarding the early repayment to the IMF, Regling…

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Source: Keep Talking Greece

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