Image default
Greek News

Athens awaiting key economic reports

The International Monetary Fund (IMF) is expected to publish a report on the Greek economy in coming days, which will be followed by the fourth post-bailout European Commission report, which is expected to assess the impact of the 2020 budget, which is expected to be ratified in parliament by the end of November.

On 4 December, the Finance Minister, Christos Staikouras, will attend a Eurogroup meeting which is highly anticipated as it is set to determine the result of the 4th post-bailout review of the Greek economy by international creditors.

The IMF report is expected to focus on certain areas of the economy and issues that need to be addressed. The Washington-based Fund is set to reiterate its view that primary surplus targets need to be lowered; it is also expected to project growth in 2020 to come in at 2.8 percent.

More importantly for Athens, the IMF will reportedly urge the government to further reform the social security system, slash the tax-free income threshold, take action to address non-performing loans and widen the tax base.

Read more: balkaneu

Σχετικα αρθρα

Organised beaches to open on Saturday across Greece

admin

Greek state goes to markets – €14-bln offers for 5-year bond

admin

YouTube’s Ad Business Is Almost Matching Netflix in Revenue (infographic)

admin

S&P Ratings Agency upgrades Greek banks

admin

Greece formally submits national recovery plan to EU

admin

How Productive is an Hour of Work (where is Greece)? (infographic)

admin

The cities building the most skyscrapers (infographic)

admin

ELSTAT revises surplus down – Deficit at 9.7% in 2020

admin

PM Mitsotakis announces 5 tax exemptions

admin

Netflix Subscriber Growth Slows After Pandemic Boost (infographic)

admin

The Most Innovative Companies Over Time (infographic)

admin

China didn’t become more Western, the West is becoming more Chinese – Analysis

admin