BUSINESS

Greece will meet 2019 budget targets agreed with lenders

TAGS: Economy

Greece will meet this year the budget targets agreed with its international lenders, a finance ministry official said on Monday.

Asked if Greece would achieve its 3.5 percent of GDP primary budget surplus target this year, the official said: "I don't see a fiscal gap in 2019."

Greece's foreign creditors had expressed concern would miss its target after a series of handouts announced by the former leftist government before a snap election on July 7.

The conservatives won the vote with an outright majority promising jobs, investments and tax cuts.

[Reuters]

 

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