Report
Research Team

Greece 2019 Budget Draft - Govt to meet fiscal targets regardless of pension cut

• Govt projects 2.1% GDP growth in 2018, 2.5% in 2019
• Govt presents budget under two scenarios - with and without the pension cut
• Greece still to deliver 3.5% of GDP primary surplus target in 2018-2019
• EU seems willing to accept alternative fiscal scenario, IMF remains sceptical about policy mix
• New Democracy attacks govt's two-scenario budget draft
• SYRIZA, ND populism do not threaten fiscal targets, still no considerable policy mix changes in sight
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CEEMarketWatch
CEEMarketWatch

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