ESM chief calls to respect 3.5 pct of GDP primary surplus
- Written by E.Tsiliopoulos
European Stability Mechanism (ESM) chief Klaus Regling in statements after a meeting with Finance Minister Euclid Tsakalotos on Tuesday made a call to respect the target for the primary surplus of 3.5 pct of GDP, as it is part of last summer's agreement.
Asked whether the target can be reduced to 2 pct or 1.5 of GDP (as the IMF demands), the ESM head said that "I will have to respect the agreement."
On his part, the Finance Minister said that two parallel processes, one for debt relief and one for the implementation of prior actions, will be ongoing until the end of the year.
Tagged under
Related items
- EU Commission sees Greece's growth rate at 2.2% in 2024 and 2.3% in 2025
- Menidi: Forty year old woman stabbed by enstranged husband in the middle of the street - Police on manhunt
- Kosmos leader slams government inaction against climate change
- Greek police arrest 28 after Law School occupation, including 9 foreign nationals
- Syracuse exhibition on Mycenaean influence on Sicily includes golden cup of Dendra
Latest from E.Tsiliopoulos
- EU Commission sees Greece's growth rate at 2.2% in 2024 and 2.3% in 2025
- Menidi: Forty year old woman stabbed by enstranged husband in the middle of the street - Police on manhunt
- FM Gerapetritis: Greece will ratify Prespa Agreement when North Macedonia fully complies with its int'l commitments
- Turkish crime kingpin arrested in Athens
- Kosmos leader slams government inaction against climate change