Greek PM says 2020 budget will respect fiscal targets

0
63

ATHENS (Reuters) – will submit a 2020 budget later this year that will fully respect the fiscal targets agreed with its lenders, newly elected Prime Minister Kyriakos Mitsotakis said on Saturday.

Outlining his main policies, Mitsotakis told Greek lawmakers that the 2020 budget will not put fiscal targets for 2019 and 2020 at risk.

Greece emerged last August from adjustment programs overseen by its lenders but still needs to meet fiscal targets, including a primary budget surplus, which excludes interest payments on its debt, of 3.5 percent of annual output up to 2022.

Article continues below Advertisement...
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, ) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the , it is one of the riskiest investment forms possible.

Source: Investing.com