Greece to Meet Fiscal Targets in 2018 and 2019

Greece and its foreign creditors agreed that the country will meet its fiscal targets in the coming years and there will be no fiscal gap in 2018 and 2019, Prime Minister Alexis Tsipras told his cabinet on Monday.Athens and representatives from its European and International Monetary Fund creditors reached an initial agreement on Saturday on the country’s reform progress under its final bailout review. Greece’s current bailout ends in August.“All parties’ estimates coincide that Greece will meet its fiscal targets in the coming years,” Tsipras said before presenting a four-year strategy for the post-bailout period.“It was confirmed that there will be no fiscal gap in 2018 and 2019.”

Source: Greece seen meeting fiscal targets, no fiscal gap in 2018-9 – PM | Reuters

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