ECONOMY

Greece will meet 2019 budget targets agreed with lenders

Greece will meet 2019 budget targets agreed with lenders

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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