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Paris favors a little budgetary flexibility for Greece

2020-02-25T21:12:12.563Z


In Athens, Bruno Le Maire argued in favor of a lower level of surplus, set by the creditors.


In Athens

On each of his visits, Bruno Le Maire goes there for his encouragement. In transit Tuesday morning from Abu Dhabi and Riyadh, the French Minister of Finance took advantage of his flash passage to Athens to recall that " France has always supported Greece during the crisis and since its exit from the program (budgetary supervision from the EU and the IMF) in 2018. The country is on the right track thanks to sustained public finances, solid reforms and renewed economic attractiveness , "the French Minister declared to the Greek daily Ta Nea . But if Greece is no longer under budgetary supervision, it must now reimburse the approximately 240 billion euros borrowed from the country's public creditors (European Central Bank, European Union, International Monetary Fund), as well as interest. It therefore remains under their observation. Creditors have set targets for Greece, such as the primary budget surplus (i.e. excluding charges

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Source: lefigaro

All business articles on 2020-02-25

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