The EUROPEAN commission urged Greece and its lenders to agree on the second round. before the eurogroup meeting on 22 may.
It said the EU ekonomikommissionär Pierre Moscovici at a press conference on Thursday when he presented the commission’s spring economic forecast.
The commission is convinced that Greece will meet its targets for the primary budget surplus of 1.75 per cent this year and 3.5 percent next year, he said.
Greece’s primary budget surplus was 4.2 per cent in 2016, significantly higher than the goal. of 0.5 per cent.
Meanwhile, Greece’s nominal budget balance swung from a deficit of 5.9 per cent in 2015 to a surplus of 0.7 per cent last year, well below the stability pact’s limit of 3 percent deficit.
The commission took no decision on Thursday on the pact underskottsprocedur (black list).
”But the numbers are as they are,” said Pierre Moscovici, and indicated that such a decision will in the next few weeks.
Tradingportalen/Agency Directly.
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