Displaying items by tag: fiscal adjustment

A new bill complementing the country's fiscal adjustment as per the Troika agreement is expected to be introduced to parliament on Tuesday. It will be less strict than the previous ones, in that it will not be reducing wages and pensions in the public sector like its predecessors, but it will keep slashing the state deficit.

Greece has achieved an unprecedented fiscal adjustment, Finance Minister Yannis Stournaras said in a video taped message on the 15th Investment Forum Capital Link, on Tuesday.